bzorc Posted August 31, 2018 Report Share Posted August 31, 2018 A Schedule C business utilizes a leasing company to pay employees. Schedule C owner wants to know if they can make a SEP contribution on their own behalf, and not for the employees who are paid by the leasing company. It is unknown if the employees can utilize the leasing company plan, but, for arguement sake, let's say they can. In looking at various threads throughout here, I change my answer with every post I read. If anybody could give me some guidance on this, I would appreciate it. Link to comment Share on other sites More sharing options...
Larry Starr Posted September 1, 2018 Report Share Posted September 1, 2018 The employees are HIS employees. The leasing company is just a fancy payroll company. He has to include the leased employees as if they are his own, because they are! Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC President Qualified Plan Consultants, Inc. 46 Daggett Drive West Springfield, MA 01089 413-736-2066 larrystarr@qpc-inc.com Link to comment Share on other sites More sharing options...
bzorc Posted September 4, 2018 Author Report Share Posted September 4, 2018 Thank you! I rarely deal with leasing company situations and that threw me for a loop. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now