RE: Bonus instead of raise -- why?

["Steve Arrants" <steve_arrants -at- sonic -dot- com>]

> -----Original Message-----
> From: bounce-techwr-l-63935 -at- lists -dot- raycomm -dot- com
> [mailto:bounce-techwr-l-63935 -at- lists -dot- raycomm -dot- com]On Behalf Of
> dthomps -at- foundationsoft -dot- com
> Sent: Monday, October 01, 2001 1:01 PM
> To: TECHWR-L
> Subject: RE: Bonus instead of raise -- why?
> 
> 
> Other respondents have raised very valid points about 
> "compounding" your
> raise. But I would also like to raise another, stickier, issue.
> 
> I'm not entirely sure if it's legal or not, but I used to 
> work for a company
> which paid bonuses in a big amount and did not withhold taxes 
> on them. 

I'm pretty sure this IS illegal.  A company I worked for in Houston 
--no names, but they're merging with a Palo Alto, CA company...)--did 
this to some employees back in the mid-80s.  A few years later, I 
(and I guess others) got letters and forms from the IRS asking us 
about the transaction.  The company had to pay a fine plus the 
unwithheld taxes plus the interest.



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