Off-Topic: Thank you. Apology appreciated and accepted
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Name:
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architect
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Subject:
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Thank you. Apology appreciated and accepted
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Date:
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1/2/2021 4:56:33 PM (updated 1/2/2021 5:05:57 PM)
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It restores some of my faith that you are not one of the fanatics.
I have always been a one man shop. Back before I intentionally cut back on commissions accepted to those I really want to do or felt obligated to do because they were from previous clients, I often hired help by the hour or farmed out some work to other firms with employees who were slack. I am a bleeding heart and don't think I am mentally prepared to lay off somebody who does good work and has a mortgage and kids that depend on his or her salary. I like sleeping at night.
CRD's first 2 questions were definitely ''gotcha''. Any question that has to be answered yes or no with no opportunity to include context and clarification is a ''gotcha'' question. I will stick with non answer answer for the other question. It only is applicable if CRD's assumptions and limitations suggestion are in play...they are not. I think whatever individual payment is decided on needs to go as proposed to anybody whose tax return shows they meet the income limitations with a gradual phase out as one exceeds the limit for max payment. If you start getting into the weeds by setting limits along the lines proposed by CRD it becomes a logistical and bookkeeping nightmare for the individual taxpayer and for an employer or business owner. Keep it simple, get it done!
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