zubs's latest activity

  • zubs
    zubs replied to the thread BBB - taxes on overtime.
    I'm like trump...looking for loopholes in our system. So my $100,000 salary employee worked 40-60 hrs a week. I can also say they...
  • zubs
    zubs replied to the thread BBB - taxes on overtime.
    I would tell the IRS...due to the BBB's no tax on overtime, I have changed my employees base pay to $75,000 + $25,000 as overtime so...
  • zubs
    zubs replied to the thread BBB - taxes on overtime.
    What about helping my employees? Say $100,000 is their salary, and I chop it to $75,000 + $25,000 overtime. They get to save on the IRS...
  • zubs
    zubs reacted to usctrojancpa's post in the thread BBB - taxes on overtime with Like Like.
    CA has rules about what job function/responsibilities qualify for an hour job and which are required to be salaried. Start there first.
  • zubs
    zubs reacted to qwerty's post in the thread BBB - taxes on overtime with Like Like.
    Forgot to respond to this previously. An owner of a company will in all likelihood be considered an exempt employee. Not sure what your...
  • zubs
    zubs replied to the thread BBB - taxes on overtime.
    When a new law comes to pass, we must explore all possiblities to save money through loop holes. As the boss/owner of the company I feel...
  • zubs
    zubs replied to the thread Toyota moving to Texas.
    Lynsi is pretend moving...
  • zubs
    zubs replied to the thread BBB - taxes on overtime.
    I wish one of the CPAs here would chime in on this. Qwerty or Martin....what do you think? Loop hole and totally legal? or dont' do...
  • zubs
    zubs replied to the thread Presidential Elections.
    I wonder how many business owners are gonna have overtime pay in 2025? Exactly $25,000 too....I guess it could be more...would it...
  • zubs
    zubs replied to the thread BBB - taxes on overtime.
    Say I pay myself $200,000/year. I would change my pay to $175,000/year and add $25,000 overtime. The owner of a company is always...
  • zubs
    zubs posted the thread BBB - taxes on overtime in Around Town.
    I was thinking about the bill that just got signed into law on JULY 4. There is now "no tax" on overtime. It has a cap as follows...
  • zubs
    zubs replied to the thread ICE or EV?.
    You mean someone's gonna repurpose the truck into a time machine?
  • zubs
    zubs replied to the thread Dow?.
    Yeah me too...APR 2. liberation day. Just cause he's an orange turd doesn't mean I should stop making money off him.
  • zubs
    zubs replied to the thread Dow?.
    It's more than 6 months later...and I should have bought more NFLX and AVGO.
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