2007-06-20 16:52:40 · 2 answers · asked by Mc P 1 in Business & Finance ➔ Taxes ➔ United States
No, he doesn't submit your timesheets to the government, but he is obliged to have them and keep them on file if you are covered by the overtime provisions of labor laws, even if you are on salary.
Depending on your job duties and your salary, the employer might still be required to pay you overtime for hours worked over 40 a week even if you're on salary.
2007-06-20 16:59:26 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
No when you are on salary you are agreeing to perform a certain job in return for a certain set amount per month or week or day whatever whereby in hourly you agree to perform the job in a certain set amount of hours. All your employer has to report is that his employees worked a combined total of say 500 hours for a combined total expense of x dollars which he/she then does not pay taxes personally on but does pay the taxes he/she collected from you for the taxes.Make any sense
Bob
2007-06-20 17:16:37 · answer #2 · answered by Robert N 2 · 0⤊ 2⤋