Payroll Tax Registration Services include:
- Prepare necessary applications for payroll tax registration
- File registration documents with state agency
Did you know that payroll taxes don’t occur only at the federal level? Many states also have requirements for businesses when compensating their employees. These laws are often complex, penalties severe, and can differ greatly from state to state.
If your business has one or more employees, your business likely needs to comply with a variety of payroll tax laws at the federal and local levels. Generally, this means that you must withhold taxes from employees' pay, deposit the withholdings with the relevant tax agencies, and you’ll be taxed based on your employees’ compensations. In states that do not require payroll withholding, you may still need to pay unemployment tax.
Payroll taxes are a complex web of issues regarding who or what is taxable, which laws apply to what businesses, and how the taxes need to be remitted. Let us help you simplify your compliance needs by managing your payroll tax registrations.
How Our Payroll Tax Registration Service Works
You provide basic information about your business, and we do the rest:
- Review application documentation
- Provide overview of necessary filings
- Prepare and submit payroll tax registrations
Why it’s important
Failure to comply with tax registration requirements can lead to expensive severe penalties. Therefore, it is important to ensure your business’ compliance with federal, state, and local jurisdiction payroll tax registrations. BizFilings’ payroll tax registration service keeps you on top of your needs.
Key Benefits of Having BizFilings Manage Your Payroll Tax Registration
Since regulations differ across state and local jurisdictions, the registrations required for your business are unique depending on the location and your business operations. However, payroll tax requirements are common for businesses in many state and local jurisdictions.
Keep in Mind
The most common item businesses need for tax registration is Federal Tax Identification Number (FEIN), also called the Employer Identification Number or EIN. The EIN is issued by the IRS and is basically a social security number for a business.
Explore BizFilings’ services
The following services can assist you in keeping your business compliant with similar regulation and ongoing legal compliance requirements: