I am paying my taxes this week. Boy what fun. Until I owned my own business I never realized how expensive it is to have employees. Lets say you make 40k per year. Do you know how much your employer has to actually pay to have the privilege of you working for them? They have to pay at least another $8000.00 per year. The simple way to figure it is to take you salary and add 20%. And that is if you don't receive health and dental insurance, or a 401k. Where does that 20% go you ask? It goes to Social Security, Medicaid, Workman's comp. insurance, and unemployment insurance. That is exactly why it is so hard for the small business to make it. We need employees, but they are the biggest expense we have. Oh and I hate tax season!!!
That is all
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