If you are an employer in Oklahoma who has recently hired an employee, you will need to register for payroll taxes with the Oklahoma Tax Commission. This registration process ensures that you are compliant with state tax laws and able to withhold and remit the necessary taxes for your employees.
How Oklahoma Payroll Registration Works
There
are 2 payroll tax setup tasks
you may need to complete in Oklahoma to get your new
hire on payroll for the first time. You can follow the guide below
to help you get registered directly with the
Oklahoma agencies or use Mosey to do it.
Oklahoma Unemployment Insurance Setup for
LLC, LLP, Corporation
If you have employees in Oklahoma, you are required to register with the Oklahoma Employment Security Commission for an Unemployment Insurance account. Note: Nonprofits may elect to finance the cost of unemployment benefits on a reimbursable basis during the application for an Unemployment Insurance account.
Register with the Oklahoma Employment Security Commission
Visit the Oklahoma Employment Security Commission EZ Tax Express portal to register for an Unemployment Insurance account.
Oklahoma Withholding Tax Setup for
Corporation, LLP, LLC
If you have employees in Oklahoma, you are required to register for a withholding tax account with the Oklahoma Tax Commission. You should receive your withholding tax account ID within five days after registering online, two weeks if registering by mail, or same day if registering in person.
File New Business Registration
Visit Oklahoma Taxpayer Access Point to file a New Business Registration to open a withholding tax account with the Oklahoma Tax Commission.
Create an Oklahoma Taxpayer Access Point Account
You'll need an Oklahoma Taxpayer Access Point (OkTAP) account to file and pay taxes online. If you don't have an OkTAP account, select "New Taxpayer Registration" to setup online access.
Running a business involves plenty of overhead costs. Some required costs bypass you completely and fall straight into the hands of the customer. Your customers are required to pay sales tax on many of the things that they buy, and you’re required to direct their sales tax payments to the state.
Your business must use tax permits to legally complete the process. Thankfully, Mosey can help you maintain sales tax compliance. Let’s learn more about sales tax permits by state.
We are excited to announce that Mosey has successfully received our SOC 2 Type 2 certification!
At Mosey, we understand the critical importance of safeguarding our customers’ information, and we take this responsibility seriously. Our attainment of SOC2 Type 2 reflects our ongoing commitment to ensuring the security and confidentiality of our customers’ data.
SOC2 Type 2 certification demonstrates that our security practices and procedures have not only been rigorously tested and evaluated, but have also proven to be effective over an extended period. This independent audit assessed the operational effectiveness of our controls, ensuring they are not only designed appropriately but are also consistently applied and adhered to over time.
When it comes to business taxes, it can be tricky to know what you should be doing and when you should be doing it. Today, we’re breaking down the basics of franchise tax, how it works, and why it’s so important for your business operations.
What Is Franchise Tax? Franchise tax stands as a distinct obligation, differing fundamentally from income tax. States levy this tax on businesses for the privilege of operating, incorporating, or maintaining a legal entity within their jurisdiction.
Alex Kehayias |Jan 16, 2024
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