If you are an employer in Madison, West Virginia, 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 Madison
Madison, West Virginia Local Withholding Tax Setup for
Corporation, LLC, LLP, Professional Corporation, PLLC
Employers must file their first withholding return with the City of Madison to establish their withholding account and begin withholding occupational tax from the qualifying wages of employees working within the city, even if they are remote.
Complete a City Service Fee Return
Complete a City of Madison CSF Quarterly Employer Worksheet.
File Your City Service Fee Return
File your completed CSF Quarterly Employer Worksheet with the City Recorder by mail along with a check made payable to "City of Madison."
Each state runs its workers’ compensation board differently. Ohio uses a premium payment estimate system to help employers track their workers’ compensation contributions. In cases where estimates are higher or lower than the total amount due, a true-up report reconciles the difference.
Here’s what Ohio employers need to know about true-up reporting and how Mosey can help you stay on track with corporate compliance.
The corporate world can get overwhelming as you juggle dozens of documents for various purposes — yet, each form plays an important role. Among these, one document stands out for its importance, yet it remains somewhat of an enigma to many: the Certificate of Incumbency.
We’re shedding light on what a Certificate of Incumbency is, and why it plays an essential role in the corporate world.
Businesses of all sizes face countless tax concerns, with the Federal Unemployment Tax Act (FUTA) being one such consideration. Employers must contribute to FUTA to alleviate the state’s financial burdens regarding reemployment assistance.
One aspect of FUTA that can affect your business is the FUTA credit reduction, which comes into play when a state has unpaid federal loans. This can result in higher FUTA taxes for employers in those states.
Alex Kehayias |Nov 12, 2024
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