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Zig Software Foundation 2025 Financial Report and Fundraiser

(ziglang.org)
165 points smlavine | 1 comments | 03 Sep 25 01:45 UTC | HN request time: 0s | source
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unclad5968 ◴[03 Sep 25 03:48 UTC] No.45112096[source]▶
I know literally nothing about business accounting or business taxes. Why does the expenses include both the employee's compensation and also their taxes? Do businesses claim their employees taxes as expenses?

Very cool to see such a detailed report about finances.

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1. hervature ◴[03 Sep 25 04:09 UTC] No.45112183[source]▶
At a very high level, revenues enter your bank account and expenses leave your bank account. In this case, you are getting confused about the taxes. There is employee compensation (which the business will withhold taxes on behalf of the individual) and then payroll taxes (which the employee is not responsible for). In essence, "their taxes" is not the correct classification. The business pays the employee (and facilitates the tax collection) and also pays the tax the business owes.