3/6 When I first joined my company, I got a sign-in bonus which was
deposited into my savings account the first month. I also got my
moving fees reimbursed, which was also deposited into my savings
account a few months later. However, neither entries show up on
W2 or any other official records (not even ADP). I asked my boss
if I should talk to someone about this, and he said "don't worry
about it, it's all good." Is it normal for companies to make
deposits without them showing up on any records? Should I be
worried? Is this common or legal?
\_ Ask an accountant. You are probably required to report them on your taxes.
\_ Ask an accountant. You are probably required to report them on
your taxes.
\_ When I need a job done, I go to Home Depot and pick up a bunch of
amigos. At the end of the day, I pay cash. I have no idea if they
report their earnings. The question of legality is moot if
there is no accountability in our financial system. |