3 ms·
Is it really illegal for US companies to pay their employees in cash or cheques?
by direwolf20 9mo ago
Is it really illegal for US companies to pay their employees in cash or cheques?
- ghc 9mo agoIt's not illegal to pay W-2 employees in US currency as long as you satisfy IRS withholding and reporting requirements. Paying employees in non-currency assets (gold, crypto, etc.) is highly regulated since it's often used as a tax-evasion scheme.