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What Forms are Required for New Employees?

What Forms are Required for New Employees? Question: We are a small business and will begin hiring new employees this year. I want to make sure that we are compliant with all state and federal regulations. What are the required forms for new hires? Answer: As an employer, several forms are necessary (depending on your state) when hiring new employees, or when an existing employee requests a change to their payroll records. It is your responsibility to ensure that employees complete each of these forms, and to retain copies for your records in a secure location (since they contain personal data). These forms should be completed before the new hire’s start date. We suggest sending these forms to new employees as part of a welcome packet. This will give them an opportunity to complete the forms prior to the start [...]

Payroll and Employees – Getting Ready for Year’s End

Payroll and Employees - Getting Ready for Year End It’s the most wonderful time of the year! ...Said no small business owner, ever.  End of the year payroll tax form preparation can be a hassle, and juggling running your small business and ensuring accuracy of all your year end payroll employee’s information can be hectic. But the end of the year doesn’t have to be so stressful for your small business, as long as you’re organized and prepared! So what exactly do you, as a small business owner, have to do in order to prepare for the end of the year? Here are a couple of things that every business owner should complete at this time of year, so that later there’s plenty of time to enjoy holiday cookies and pretending to like your in-laws! Payroll Records Ensure that your [...]