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Mosey Launches API for State Compliance, Partners With Gusto, Stripe, and Sequoia Consulting Group
SAN FRANCISCO, CA – September 27, 2023 – Mosey, the leading state compliance platform, today announced partnerships with industry leaders Gusto, Stripe, and Sequoia Consulting Group. Each company has seen a dramatic increase in the demand for tools to help businesses get compliant and operate throughout the US. By partnering with Mosey, they will better meet the needs of the businesses that rely on them. In today’s world, it can be difficult to know what constitutes doing business in one state, let alone multiple states, making it increasingly difficult for businesses to stay compliant.
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Cell Phone & Internet Reimbursement Laws by State
If your employees work in person, you probably have an intuitive sense of which expenses are your responsibility and which remain with your staff. You don’t need to buy your COO a spiffy new suit or take the whole office out to lunch every day—but you also wouldn’t dream of asking your team to fund the office electric bill or pay for their own desks. But what about if your employees work from home?
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What Is Local Tax? States With Local Income Taxes in 2023
Business tax planning can be complicated. It’s particularly involved for employers with multi-state payroll, who need to figure out withholding obligations in every state where they employ workers. If you do business or employ workers in one of the 15 states that allow local jurisdictions to impose income taxes, you might also need to withhold and remit local income taxes where your employees live, work, or both. What is local income tax?
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Employee vs. Contractor: Understanding the Difference
Contractor work arrangements are popular. According to the US Government Accountability Office, about one-third of all businesses and almost 90% of Fortune 500 companies use independent contractors in some capacity. Hiring contractors can be a particularly attractive option for early-stage businesses because it allows them to leverage specialized skill sets while building their internal teams. But contractors are very different from employees, and the two mustn’t be conflated—or hefty penalties can apply.
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These 5 States Require Short-Term Disability Insurance (2023)
As of 2023, five US states require employers to provide short-term disability insurance to workers: California, Hawaii, New Jersey, New York, and Rhode Island. Eligibility requirements, employer contributions rates, and authorized providers vary by state—but in general, businesses with at least one non-owner employee who performs work in one of these states need to obtain coverage to maintain compliance with state law. What is state disability insurance (SDI)? State disability insurance (SDI) refers to a collection of state programs that require employers to offer short-term disability insurance to workers.
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Understanding California’s Economic Tax Nexus Test
Tax nexus refers to a relationship between a business entity and a taxing jurisdiction. There are four main types: income tax nexus, sales and use tax nexus, franchise tax nexus, and excise tax nexus. If your business has one of these types of nexus in a state, you may need to pay the corresponding tax type there. Determining where you have each type of nexus is a critical—and complicated—compliance task.
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What Is FUTA? How to Comply With the Federal Income Tax Act
When you think of unemployment insurance tax, you probably think of state unemployment tax first—but there’s actually a federal unemployment tax too. Both state and federal unemployment tax are taxes that employers pay directly to the government, typically calculated as a percentage of payroll. Employment tax obligations can include federal, state, and local income tax, social security and Medicare tax, and SUTA and FUTA tax. To maintain compliance (and be prepared to pay), employers need to understand which taxes apply to them, how to calculate their liabilities, and when and how to make payments.
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How to Change Registered Agents in 3 Easy Steps
Maintaining a registered agent in every state where you’re registered with the Secretary of State is a key compliance requirement—and to avoid fines or other penalties against your business, each agent needs to be able to reliably receive and forward correspondence. If one of your registered agents can’t perform these functions (or if your business needs change), your business can change registered agents by filing a statement with the relevant Secretary of State.
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Why Incorporate in Delaware? Pros and Cons for Startups
What state is home to over two-thirds of Fortune 500 companies, half of US publicly traded companies, and the beachside amusement park Funland? The answer, of course, is Delaware. While Delaware’s corporate law is famously friendly to large public corporations, banks, and credit card companies, incorporating in Delaware can also be a good choice for small or early-stage businesses—particularly those that plan to seek investor funding. As a result, most startups also choose to incorporate in Delaware.
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What Is a Registered Agent & Why Would You Need One?
For most people, government and legal correspondence isn’t the world’s most exciting type of mail. It’s less fun than, say, an invitation to a swanky party or your most recent fruitcake-of-the-month club delivery. For business owners, however, effectively receiving and handling these communications is a critical part of running a business. If you miss a notification, you might lose your ability to do business in a state or be unable to defend yourself against a legal action.