Compliance guides and resources

Payroll taxes are a fact of life for any business with employees. As an employer, you’re responsible for withholding the right amounts from employee paychecks and sending those funds to the appropriate tax authorities. Annual withholding reconciliation is the process where you compare all those withheld taxes with the amounts you’ve actually submitted throughout the year. This final step ensures you’re square with the government and your employees receive accurate tax documents.

As a business owner, you’re responsible for keeping track of many key compliance issues. Each type of report has different requirements and due dates. The Quarterly Wage and Tax Report is an essential compliance matter that significantly impacts your ability to run your business. Filing a quarterly wage report, meeting unemployment tax requirements, and making a regular quarterly contribution to every mandatory tax account can be challenging, but Mosey is here to make things easier. Here’s what you need to know about quarterly wage report requirements and how we can help you stay compliant.

Businesses need to know that they can trust their data with another business. There’s a lot of liability in the process of data sharing, and taking a bad risk can cost a business a lot of money and reputational damage. SOC 2 certifications are an easy way to prove that a business can trust you (or vice versa) with valuable information.

Payroll might seem like a straightforward process for business owners: Calculate hours, apply pay rates, factor in deductions. However, behind the scenes, proper payroll management involves thorough recordkeeping. It’s what keeps your business compliance up to date and protected. Think of those records as your shield against the dreaded IRS audit. Painstaking recordkeeping demonstrates your commitment to running a responsible business. Plus, federal laws (like the FLSA) and an assortment of state requirements dictate how long you need to hold on to specific payroll documents. Slip-ups here can lead to hefty penalties and headaches.

Think of a business license as your company’s permission slip to operate. The specific rules vary drastically depending on what your business does and where you do it. A restaurant in Ohio will need different licenses than a software company in California, and even towns within the same state can have their own requirements. It’s enough to make any business owner’s head spin.

Employers often utilize electronic monitoring to assure that expectations are being met within the workplace. Electronic monitoring can track employee policy compliance and data can be used to evaluate customer or client experience. Not all states allow extensive electronic monitoring of employee activity. States that do permit electronic monitoring sometimes require employers to post a conspicuous notice explaining the types of electronic monitoring used in the workplace. Here’s what employers need to know and how Mosey can help them stay compliant.

You’ve worked very hard to build your business, and you’re likely willing to do anything you can to protect and secure your hard work. A fidelity bond, like other forms of insurance, can keep your business safe if an unfortunate, unexpected event should occur. Insurance is a key part of any business, whether it’s workers’ comp, a fidelity bond, or otherwise. Here’s what employers need to know about fidelity bonds and how to use them to their advantage.

Employee termination can be a difficult situation. It’s never good to lose your job, and it’s never good to be in the position to tell someone else that they’ve been terminated. However, termination policies can help protect both the employer and the employee from legal or civil issues that can arise from termination. Employers must comply with state and federal termination laws. Here’s how Mosey’s business compliance platform can help your business remain compliant with these requirements.

Starting a limited liability company (LLC) unlocks exciting possibilities for your business. You gain the protection of limited liability — shielding your personal assets from business debts and lawsuits. Plus, you have the flexibility to choose how your LLC is managed and taxed. However, with these exciting advantages come essential responsibilities. LLCs, like any business structure, need to play by the rules.

Federal tax laws are required for all employers and employees. These laws generally don’t change, no matter where your business is located. Each state may have its own unique tax requirements, and beneath those, each city or county may have additional tax requirements. The occupational privilege tax is a smaller-scale requirement that only applies to certain local areas. Here’s what employers need to know about occupational privilege tax and how Mosey can help you stay compliant with state and local tax laws.