Originally Posted by
joepilot
You are an employee. You are not in trouble, but your boss could go to jail for tax fraud.
It sounds like you will be given a 1099 tax form at the end of the year. Turbo tax is good, just start with Schedule C, which is for self employed people. Your boss is getting you to pay his share of your medicare and social security tax, and he is getting out of paying unemployment tax.
If you get ****ed at your boss, wait until you get your 1099, then drop a dime to the IRS. I understand that there is a reward of 10% of additional tax collected if you provide evidence of tax cheating.
You would probably want to wait until you are no longer interested in working there to do this.
Joe
So you are saying that all the FBOs that charge $35/hr for instruction are cheating on their taxes and screwing their employees if the employee is not making $35/hr also?? Wouldnt there be no FBOs in business if everybody knows about this???