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Zig Software Foundation 2025 Financial Report and Fundraiser

(ziglang.org)
165 points smlavine | 3 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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AndyKelley ◴[03 Sep 25 04:05 UTC] No.45112169[source]▶
Hello, I am the author of the post.

The expenses listed here are accounting for 100% of the expenses paid by the organization. If you go fetch the 990 from the IRS and look at the totals, it will match dollar-for-dollar, cent-for-cent. So if I deleted taxes from this report, you would hopefully all be wondering, where did that $13,089.07 go?

Happy to answer any other questions.

Edit: I see the question is about income tax vs payroll tax categorization. As this isn't my area of expertise and it's getting late, I'll wait until tomorrow to check carefully and make any necessary clarifications.

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1. unclad5968 ◴[03 Sep 25 04:36 UTC] No.45112286[source]▶
I think I understand from the other comments. I never considered that it is technically an expense to withhold the income taxes of employees and then pay it to the IRS.
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2. te ◴[03 Sep 25 05:12 UTC] No.45112425[source]▶
I'm going to go out on a limb and suggest that number is not actually employee income tax, even though the report seems to suggest the same. Employee income tax is an expense of the employee, not the employer. If it is income tax withholding, it's way too small for $150k+ of employee comp, which is another reason I don't think it's that. Instead, I expect this tax line item to be primarily the employer share of FICA tax, which is typically considered a payroll tax instead of an income tax.
3. throwawaymaths ◴[03 Sep 25 09:37 UTC] No.45113875[source]▶
there is still payroll tax on top of that though, snd c3s are not exempt