Employer Taxes: What You Need to Know to Stay Compliant

In this episode, we deliver tips for employer taxes, breaking down what an employer’s tax responsibilities are, including FICA requirements, employee withholding requirements, reporting income, and reporting employment taxes through the employer’s quarterly federal tax return. We also cover employer obligations for independent contractors and employer tax forms like the W-9, I-9, W-2, W-4, Form 941, and Form 940. Along with the penalties for failing to pay taxes, dealing with state taxes, and the different tax obligations for LLCs vs corporations. Payroll + HR + Benefits in an all-in-one solution. Request a BerniePortal demo today! https://offer.bernieportal.com/bernieportal-employer-demo-hrpo1/Find us at https://www.bernieportal.com/hr-party-of-one/BerniePortal: The all-in-one HRIS that makes building a business & managing its people easy. http://bit.ly/2NEQ5QbWhat is an HRIS?https://bit.ly/what-is-an-hrisBernieU: Your free one-stop shop for compelling, convenient, and comprehensive HR training and courses that will keep you up-to-date on all things human resources. Approved for SHRM & HRCI recertification credit hours. Enroll today!https://bernieu.bernieportal.com/Join the HR Party of One Community!https://www.bernieportal.com/community/▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬Blog Post: Find out how to fill out Form W-4.https://blog.bernieportal.com/how-to-fill-out-form-w-4Form I-9: What you need to know.https://www.bernieportal.com/hr-glossary/form-i-9/IRS Tax Withholding Calculatorhttps://www.irs.gov/individuals/tax-withholding-estimator