givemeabreak
12-21-2008, 07:54 AM
Paychecks started bouncing where I work 2 weeks ago, along with general ledger checks, which included 2 checks to E.D.D.
My boss has neglected to pay fica taxes, and sale taxes.
Checks to our vendors have bounced once(which now total over 12k) and have not been replaced with cash or cashed yet, and I am wondering how he is gonna cover the payroll checks this coming week which will be dated 12.26.08.
Fortunately, I am the bookkeeper and can go online to see how much is in the bank account at any moment. So usually on Friday and/or Saturday mornings, I check online to see how much is in there. If there is enough in there, I run to the bank and cash my check for cash.
The other many employees do not have this luxury. And I soon worry that soon I will not be able to even cash my check.
Everybody in the company is aware that the bank balance is extremely low due to the bouncing payroll checks.
Bottomline, if the boss's bullsheet continues, nobody is going to be able to cash their payroll checks. It looks like he is planning to do a bankruptcy. and if that is in fact what takes place, all of the employees could get screwed out of 2 weeks of pay....
I guess my question is, "If 20 employees cannot cash their paychecks do to lack of funds in the account, when to we walk out of the company over to the E.D.D. office to file for unemployment and legally collect?"
I see myself getting screwed out of 2 weeks of pay, so I am thinking to prevent this, I should ask him if he will sign my payroll check on Monday and give it to me on Monday to cash, so I don't have to wait til Friday to get paid for last week's work. This way, I get paid on Monday for the week before when I would normally have to wait til friday to get paid(And then what I do is switch the date on the check in the computer).
Thank you for any suggestions?
My boss has neglected to pay fica taxes, and sale taxes.
Checks to our vendors have bounced once(which now total over 12k) and have not been replaced with cash or cashed yet, and I am wondering how he is gonna cover the payroll checks this coming week which will be dated 12.26.08.
Fortunately, I am the bookkeeper and can go online to see how much is in the bank account at any moment. So usually on Friday and/or Saturday mornings, I check online to see how much is in there. If there is enough in there, I run to the bank and cash my check for cash.
The other many employees do not have this luxury. And I soon worry that soon I will not be able to even cash my check.
Everybody in the company is aware that the bank balance is extremely low due to the bouncing payroll checks.
Bottomline, if the boss's bullsheet continues, nobody is going to be able to cash their payroll checks. It looks like he is planning to do a bankruptcy. and if that is in fact what takes place, all of the employees could get screwed out of 2 weeks of pay....
I guess my question is, "If 20 employees cannot cash their paychecks do to lack of funds in the account, when to we walk out of the company over to the E.D.D. office to file for unemployment and legally collect?"
I see myself getting screwed out of 2 weeks of pay, so I am thinking to prevent this, I should ask him if he will sign my payroll check on Monday and give it to me on Monday to cash, so I don't have to wait til Friday to get paid for last week's work. This way, I get paid on Monday for the week before when I would normally have to wait til friday to get paid(And then what I do is switch the date on the check in the computer).
Thank you for any suggestions?
