If you are an employer in South Dakota who has recently hired an employee, you will need to register for payroll taxes with the South Dakota Department of Revenue. This registration process ensures that you are in compliance with state tax laws and can properly withhold and remit taxes on behalf of your employees.
How South Dakota Payroll Registration Works
There
is one payroll tax setup task
you may need to complete in South Dakota 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
South Dakota agencies or use Mosey to do it.
South Dakota Reemployment Assistance Registration for
LLP, Corporation, LLC
Employers who have one or more employees, paid wages of $1,500 or more, or are covered under the Federal Unemployment Tax Act (FUTA) are required to pay unemployment insurance taxes (known as the South Dakota Reemployment Assistance). All newly established businesses are required to register with the Department of Labor and Regulation. Note: Nonprofits may elect to finance the cost of unemployment benefits on a reimbursable basis during registration.
Create a DLR Account
Create a South Dakota Department of Labor and Regulation (DLR) Account.
Register for South Dakota Reemployment Assistance
Log in to your DLR account to register your business for a Reemployment Assistance Tax account.
The business world is made up of thousands of legal entities. In simple terms, a legal entity is an individual, business, or organization that has specific legal responsibilities. These duties are set by various governing bodies, ranging from your local city council to the federal government
This term has evolved over time but remains rooted in the need for a regulated business landscape. Legal entities ensure there’s a structure that’s accountable for its actions within the jurisdictions of federal, state, and local laws.
Running a business can sometimes be exhilarating work, but it can also come with its fair share of tedium—thanks to the long list of tasks associated with compliance. Filing an annual report in your state of incorporation—and any additional states where you’re registered to do business—is one of those tasks. And like many business compliance tasks, the specific requirements to file vary from state to state.
What is an annual report?
Starting a new business is an exhilarating venture, but before you jump right into the day-to-day operations, it’s important to decide on your business structure.
The choice between forming a sole proprietorship vs. LLC can profoundly impact everything from your personal liability protection to how you file income tax returns. Let’s get into the specifics of each to help business owners like you make informed decisions.
What Is a Sole Proprietorship?
Kaitlin Edwards |Nov 17, 2023
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