Kona ice hockey is a franchise owned by a franchise owner.
There are a few different types of franchise owners.
The most common are owner-operated or owner-managed.
These franchises operate independently and do not pay the franchisee’s salary.
Owners-managed franchisees are also commonly referred to as owners-managers.
The owner-manager is responsible for the day-to-day operations of the franchise.
They must also meet certain requirements and be licensed as a franchisee.
The Kona franchise owner salary is paid on the day of each season.
Kona has a maximum of eight full-time employees and one part-time employee.
The franchise owner is the only person responsible for all the franchise operations.
Franchise owners pay their own payroll, rent, equipment, and other operating costs.
Franchisees also pay a percentage of the team’s ticket sales.
Franchise taxes are not paid on a full- or part-salary basis.
Franchise owner salaries vary according to the type of franchise: Owner-operated Franchisee salary: $15,000 to $20,000 per year Owner-managed Franchisee salaries: $30,000-$50,000 annually Franchise owners are paid on an hourly basis and must meet all other requirements.
Franchise tax is not paid for part-timers.
The full- and part-timer employee pay different amounts.
Full-time franchisees pay approximately $1,400 per year while part- time franchisees receive $300.
Franchise expenses, including the owner’s portion, are not included in gross income.
The amount of salary paid is reported in a franchise fee box.
Full time franchise owners pay $400 to $600 annually.
Part-time Franchisee pay varies depending on the franchise and how many full- time employees they have.
Franchise fee box salary is $100 per year for full-timing employees and $150 per year per part-Time employee.
Franchise fees are not reported to the Internal Revenue Service.
The average full-term franchisee salary is about $80,000, while part time franchisee pay is about half that.
Full and part time employees may be eligible for a reduced franchise fee.
The maximum annual franchise fee is $75,000.
Kwaas tax returns, including those filed on or before January 1, 2018, must include the full and part salary amounts.
Franchise income tax is assessed on the full-season employee and the part-season and seasonal employee, depending on their employment status.
A full-year employee may be assessed a 10 percent payroll tax if the employee is working a 40-hour workweek and does not receive any additional pay.
If the employee earns a minimum wage, the minimum wage is $15.00 per hour.
Employees who receive a wage above $15 per hour are taxed at 15 percent.
The part-year and seasonal employees who earn a minimum salary are taxed as hourly employees.
The minimum wage for part time and seasonal workers is $10.00.
Franchise employees can be eligible to receive the full or part salary.
Franchise salary information is also required on the Kwaatiho.gov website.
For full-monthly information on salary, see Franchise salary.
Salary information is available for full and partial-time workers, but not for full or partial-year employees.
Franchise employee wages and the salary tax rate for full time employees is determined by the full season employee’s annual salary.
Full or partial year employees are taxed on a percentage basis, and the tax rate is calculated based on the total amount of payroll income received.
Franchise payroll taxes are only paid for a portion of the employee’s gross income, not all of it.
Franchisee wages and taxes are paid quarterly.
Full pay and salary information are available for the full year.
Full season employees must report their annual salary at the end of each month.
The second half of the year, including part- and seasonal, is reported as an interim payroll tax.
For more information on the Franchise Tax Board and Franchise Tax System, see the Franchise and Tax System page.
Franchise Tax Payment Process The Franchise Tax Department works closely with the Kona County Fiscal Agency and the Department of Revenue and Administration to make sure the tax process is transparent and fair for franchisees and their employees.
For information on franchise tax, visit the Franchise tax department website.
The Franchise Taxes Board is responsible, as well, for collecting franchise tax on the employees.
Information on how to file Franchise Tax returns is available from the Franchise Taxes Department and the FranchiseTax System.
For additional information, contact the Franchise Payments and Accounts Management Team at 952-922-8222.