Many businesses that operate in multiple states are unsure of which state they are required to pay taxes to. Additionally, many are unaware that every state has distinct rules pertaining to residents and non-residents. You will find rules in this article regarding the criteria that decide which taxes the employer is required to withhold. It will outline the distinctions between residents and non-residents as well as how each group of employees should report withholding. You'll learn if your company has Business Nexus and what that means for you personally.
This webinar will help you determine whether you are in compliance with state rules and regulations and what to do if you are not, as no company wants to be subject to severe fines and penalties for noncompliance.
In some places, there are local taxes in addition to state withholding. While some states impose municipal taxes on all localities, others only impose them on larger cities. You must know where and when to pay these taxes, and you must ensure that you are correctly withholding for these localities. To learn more about withholding for these taxes and where to pay them, you will be provided with useful resources.
The federal minimum wage must be paid to employees. State minimum wages do exist, though, and occasionally they are greater than the federal minimum wage. The employee is required to get the greater wage. We'll go over this in depth and talk about how to determine which wage to pay your staff in order to comply with the law.
You must ascertain which state an employee's unemployment benefits must be paid to when they work in multiple states. To find out where these taxes are paid, there are rules to follow. A thorough explanation of this will be provided, along with examples of various situations and how to respond to them.
The information presented in this webinar will provide you with the resources you need to ensure that your company continues to comply with all of these requirements.
Why should you attend?
Are there employees of your company who work in other states? Do you simply pay and withhold payroll taxes for the state in which you now reside? A lot of businesses aren't even aware that they have to pay taxes to other states or localities. Even if you don't physically reside in another state, you could still be liable to withholding for that state. You should find out if your company has what's known as Business Nexus. What Business Nexus is and what you need if you have it will be explained in this webinar.
Multi-state taxes can be quite complicated and challenging to comprehend. It's challenging to ensure compliance.
Attending this webinar is recommended if you are uncertain whether you are withholding all that you are required to withhold. We'll go over the basics of the various withholdings and unemployment that you should be aware of. We'll go over how to choose which state to withhold taxes from as well as other factors to think about.
You might not know which state to pay unemployment benefits to when employees work in multiple states.
The guidelines for figuring this out can be complicated, and you might not even know how to do it. You may be subject to penalties if an employee quits and applies for unemployment benefits in their home state without properly filing their salary to the appropriate state. You may get advice on how to make the right decision by attending this webinar.
Areas covered in the session:
Who should attend this?
Debbie Cash, CPP, serves as the Manager of TLM Implementation at G&A Partners. She was formerly a Payroll Tax/Time and Attendance Specialist at Employer Advantage LLC. G&A Partners is a Professional Employer Organization (PEO) that offers payroll, human resources, benefits management, risk management, and accounting services for businesses, and they recently acquired Employer Advantage LLC a former PEO. She has been with the organization since 2006.
Debbie earned an Associates Degree in Accounting from MSSU in 1985 and a Bachelors Degree in General Business from MSSU in 2006. She obtained her Certified Payroll Professional Certification in October 2006. She has 30+ years of experience processing payroll and payroll taxes for various companies and professions.
Debbie worked as a Payroll Specialist at Missouri Southern State University from 1993 to March 2006. She attended the International Tax Conference in Wisconsin in 2005 and specialized in international taxes for student visas. She also worked for Joplin R-8 School District from 1990 to 1993.