If you are an employer in Lakeview, Ohio, it is important to be aware of the local payroll tax requirements for businesses operating in the city. These requirements may include registering your business with the city and withholding a certain percentage of your employees' wages for local taxes.
How to Register for Payroll Tax in Lakeview
Lakeview, Ohio Local Withholding Tax Setup for
LLC, Professional Corporation, LLP, Corporation
Employers must register to withhold income tax from the qualifying wages of employees working within the Village of Lakeview, even if they are remote. Note: The City of St. Marys Department of Taxation administers income tax for the Village of Lakeview. Employers may elect to withhold tax for their employees' city of residence if the employees work in an area where there is no tax or the tax is lower than in the employees' city of residence. This practice is known as "courtesy withholding."
Complete an Application For Withholding Tax Account
Complete an Application For Withholding Tax Account.
File Your Application For Withholding Tax Account
File your completed Lakeview Application For Withholding Tax Account with the City of St. Marys Department of Taxation by email.
Add Municipality to Your Ohio Business Gateway Account
Log in to your Ohio Business Gateway account and add the Village of Lakeview as a new tax jurisdiction to report and pay the local withholding tax online.
HR management leaves many business owners scratching their heads. Thankfully, Professional Employer Organizations (PEOs) can provide relief from some of HR headaches by taking over payroll, benefits, and compliance tasks. But like any business solution, PEOs come with their own set of advantages and potential problems.
Therefore, understanding both sides of the PEO equation helps businesses make fully informed decisions. So, on that note, let’s examine what PEOs really deliver, where they fall short, and how to determine if this partnership model makes sense for your company’s unique situation.
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.
Deferred compensation is a financial strategy individuals use to manage their income more efficiently. It allows employees to postpone receiving a portion of their earnings until a future date, like retirement.
For employers, offering deferred compensation plans can be a valuable way to attract and retain talent. This article highlights the types of deferred compensation, potential risks, employer benefits, and how Mosey can help maintain business compliance.
What Is Deferred Compensation?
Kaitlin Edwards |Feb 2, 2025
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