From an accounting perspective how are they embezzling funds to pay under the table? Wouldn’t there be a ton of theft too if there’s specifically not supposed to be a paper trail?
In: Economics
This may not be the same exact way for every company, but one company I worked for paid the supervisor 1.5x his *actual* pay, and he would essentially pay out the undocumented guy, and then keep track of it and just claim it as donating gifts on his taxes.
Again; Probably not the proper way, but it’s been quite a few years and I haven’t heard anything come from it.
I think they mostly pay under the table and don’t take any deduction. Anything else will open them up to fraud charges.
Many undocumented workers have a SSN. It just isn’t their SSN. The pay is processed normally. Taxes are deducted, etc. The worker just won”t see the benefits of their contributions to social security.
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