The Hawaii Tax & Charities Division is a state agency responsible for overseeing tax compliance and charitable organizations within the state of Hawaii. They work to ensure that individuals and organizations are meeting their tax obligations and operating within the regulations set forth by the state.
When a telehealth company hires its first out-of-state provider, payroll gets 10x more complicated. Different tax rates, registration requirements, and filing deadlines across multiple jurisdictions—it’s a compliance minefield. And all it takes is one missed registration or misclassified employee to trigger penalties, stop your operations, and even ruin your expansion plans if severe enough.
That’s why we’ve compiled the 10 most common, costly, and significant mistakes in telehealth payroll tax compliance—so you know what to avoid as you scale. From missing municipal taxes to botched employee classifications, these are the compliance potholes that can derail even the best laid plans.
There’s no question that the way we work has changed considerably in recent years. Remote work used to be a niche concept, but now it’s as commonplace as they come. Businesses of all sizes now take advantage of the benefits and opportunities of remote work.
However, the legal terrain of remote employment is complex, especially for businesses with employees scattered across different states. Trying to make sense of federal and state laws can be tough.
HIPAA is the rulebook for handling sensitive patient information in the healthcare field. It’s the law for how medical records and insurance details can be used and shared. If your business touches any aspect of healthcare, understanding HIPAA is a must — especially if you have employees across different locations.
You may be wondering about the reason for this. For one, HIPAA compliance protects patients. It also keeps your business out of hot water. Mistakes can cost you big time, both in fines and a tarnished reputation.
Alex Kehayias |May 11, 2024
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