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I thought wages were deductible anyway. Say you pay a developer $250,000 a year. The employee pays the tax on their own wages.
by gscott 1y ago
I thought wages were deductible anyway. Say you pay a developer $250,000 a year. The employee pays the tax on their own wages.
- deleted 1y ago[deleted]
- walterbell 1y agoW2 salary is different from fully loaded labor cost.
- notimetorelax 1y agoNo, not in this case. 250k is an expense for the company. Company had to amortize this expense over 5 or 15 years. (15 for software engineers outside of the US)
- Tade0 1y ago> (15 for software engineers outside of the US) Yikes. Does that apply to outsourcing?