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I always wonder if this is why they make us fill out time sheets. I also always gently propose to our management chain to share the money we save on taxes by d
by foobarian 5y ago
I always wonder if this is why they make us fill out time sheets. I also always gently propose to our management chain to share the money we save on taxes by doing the timesheets as an extra incentive, but so far I was not successful :-)
- throwoutway 5y agoDepends on the projects in your time sheets. My time sheets were various businesses (customer) that I was billing time against
- sokoloff 5y agoAny time that your company is obligated to capitalize results in them paying more current taxes, not less. (Time that is expensed fully this year is already tax-deductible.) The reality is (at least in the US and probably elsewhere), that it's not an option to just decide to expense or capitalize everything and so the timesheets might be better viewed as the mechanism the company has chosen to remain compliant with the law and not something that's optional/subject to incentive pay.
- foobarian 5y agoRight, I didn't think of the compliance angle. In my case the leadership justification is that doing timesheets "saves us money on taxes." Given how much most of us dislike doing the timesheets I thought it would be nice if they told us exactly how much that savings is, and if a large number possibly we would all be more enthusiastic about doing them.