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In Ohio, the annual IT-941 requires a reconciliation between total withholdings and quarterly payments. Additionally, numerous counties & cities have their own income taxes and reconciliation rules. Check out the blog for the full state-by-state breakdown https://hubs.ly/Q02G3pRP0

Rather than a traditional calendar quarter for due dates, the IRS uses fiscal reporting quarters that give employers additional time to report financial information after the end of a calendar quarter: - April 30 - July 31 - October 31 - January 31 You have one month from the end of the calendar quarter to complete and submit your quarterly wage and tax report. The final due date, January 31, reports for the last quarter of the previous year. This applies to most state UI filings as well. The information in a Quarterly Wage and Tax Report is used to verify compliance with the State Unemployment Tax Act (SUTA) and Federal Unemployment Tax Act (FUTA) by ascertaining that employers are up to date with state unemployment insurance by paying their UI tax. Read the full article on Mosey: https://hubs.ly/Q02DZ8Jz0

Trustworthiness is the most important aspect of working with a partner for compliance. Mosey is SOC 2 Type 2 certified to keep your data safe. Businesses across the country trust Mosey to help them manage state business compliance. Learn more & book a demo https://hubs.ly/Q02DZjVF0

Individual states often have their own set of rules regarding payroll recordkeeping. Some states, like California and Arizona, follow the IRS four-year rule, while others, like Montana, extend it to five years. Get the breakdown on the blog with Mosey: https://hubs.ly/Q02DZ9c70

If you’re caught operating without a license, the most immediate consequence will likely be a financial one. Fines are the standard punishment, and the amount you have to pay depends on a few factors. Learn what they are and avoid them with Mosey: https://hubs.ly/Q02DZ7Yt0

Only 4 states have compliance requirements for formal electronic monitoring notices. Connecticut, Delaware, New York, and Texas have clear-cut protocols for limitations surrounding workplace monitoring and informing employees of monitoring. Take a look: https://hubs.ly/Q02DZ63n0

Business insurance is incredibly important. Insurance policies can protect you from disasters, security breaches, and theft of services. Insurance companies can offer more than disaster protection. Some providers offer business owners crime insurance policies that shield them from losses they may face due to the actions of the people they hire, and workers’ compensation is another form of insurance that aims to protect employees from injury and illness. A fidelity bond is a part of risk management designed to protect you from the deliberate bad actions of employees. Mosey is talking about this type of bond and what it does for your business, who needs one, and how to get it: https://hubs.ly/Q02DY-hf0

Not only are there legal requirements at the state level for hiring, but similarly, there are requirements when terminating and employee too. Most employers thoroughly outline their employee termination policy in their employee handbook. Read about what to include in yours: https://hubs.ly/Q02DYjbf0

Staying on top of constantly shifting compliance requirements can quickly eat into your time and energy as a new business owner. Mosey can streamline the compliance management process once you have filed your LLC initial report. Learn more on the blog: https://hubs.ly/Q02DYqCf0

Delaware imposes a graduating state income tax on employee wages, spanning from 2.2-6.6 % of total income. Residents of Wilmington, Delaware, are subject to an additional 1.5% flat rate earned income tax. Mosey breaks down local taxes today on the blog: https://hubs.ly/Q02DSBsh0