Employee Filings for Corporations
By: AllBusiness.com
If your corporation has one or more employees, it is subject to a multitude of legal requirements, including registration with state and local agencies paying for different types of employee insurance, and compliance with state and local health and safety laws.
Some of these legal requirements are as follows:
State registration forms for employers. States may have an Employee Development Department that requires business owners to report new employees. One purpose of this system is to promote payment of child support. State unemployment insurance tax. The employer pays a determined percentage of each employee's wages as State Unemployment Insurance Tax. Unlike the Federal Unemployment Tax, the employer pays the entire amount of the state unemployment insurance tax. Federal unemployment tax (FUTA). State disability insurance. This insurance provides coverage when a worker is disabled and unable to work. Employers deduct an employee's contribution and deposit the amount with the state. Workers' compensation insurance. Workers' compensation insurance is provided to employees and their dependants by the employer for employment-related accidents or diseases. Businesses with employees must maintain this insurance coverage either on a self-insured basis or through a commercial State Workers' Compensation Insurance Fund. Federal and state job safety laws. Federal job safety laws are administered by the federal Occupational Safety and Health Administration (OSHA). Twenty-three states have approved plans at OSHA's encouragement, which are referenced at OSHA's Web site. State job safety laws can also be found at AllBusiness.com's Business Directory.
Information on these additional employer filings is available through AllBusiness.com's Business Directory, which directs users to state Web sites that offer business license information. Many states have agencies that act as clearinghouses for permits and permitting agencies, some of which will be referenced in the state Web sites. For additional reading on this topic, see AllBusiness.com's Employment Regulations section.
Get more advice on matters of Corporate Governance like this article on how to hold Board Meetings and Other Corporate Formalities on AllBusiness.com. AllBusiness.com provides resources to help small and growing businesses start, manage, finance and expand their business. Copyright © 1999 - 2007 AllBusiness.com, Inc. All Rights Reserved.

