If you are an employer in Oak Harbor, 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 Oak Harbor
Oak Harbor, Ohio Local Withholding Tax Setup for
Professional Corporation, LLP, LLC, Corporation
Employers must register with the Ohio Regional Income Tax Agency (RITA) to withhold income tax from the qualifying wages of employees working within Oak Harbor, even if they are remote.
Complete Registration Online
Create a RITA MyAccount, if you haven't already done so, to register for Oak Harbor withholding tax. Select "Withholder" as the tax type.
Add Municipality to RITA MyAccount
Log in to your RITA MyAccount and click "Add Municipality" to add Oak Harbor withholding tax to your account.
When you’re responsible for your employees’ well-being in the form of their retirement plans and health benefits, that’s where ERISA comes in.
ERISA, the Employee Retirement Income Security Act of 1974, is a piece of federal law with a broad reach. It sets minimum standards and safeguards designed to protect employees in the private sector participating in employer-sponsored retirement plans and benefit plans (like healthcare coverage).
If you’re a small business owner, HR professional, or startup founder, understanding ERISA law is essential to ensure you fulfill your duties while protecting the interests of your employees.
Managing compliance for state and local reporting can feel like a never-ending task, even with the help of a professional employer organization (PEO). For example, client reporting states can add an extra layer of confusion to the payroll and reporting process.
When you’re on a PEO, there are two types of payroll reporting: client reporting states and PEO reporting states. In client reporting states, you are still responsible for managing your payroll accounts under your own employee identification number (EIN).
Paid time off (PTO) is a progressive policy implemented by businesses to provide employees with a bank of hours that the employee can use to take paid leave from work. This includes time off for various reasons, such as vacation days, sick days, personal time, and sometimes even holidays.
PTO is considered an essential part of an employee’s benefits package, offering a lump sum of time based on certain criteria like the number of hours worked or seniority, which employees can use at their discretion.
Kaitlin Edwards |Mar 10, 2024
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