Employer Taxes: What You Need to Know to Stay Compliant

In this episode, we deliver tips for employer taxes, breaking down what an employer’s tax responsibilities are, including FICA requirements, employee withholding requirements, reporting income, and reporting employment taxes through the employer’s quarterly federal tax return. We also cover employer obligations for independent contractors and employer tax forms like the W-9, I-9, W-2, W-4, Form 941, and Form 940. Along with the penalties for failing to pay taxes, dealing with state taxes, and the different tax obligations for LLCs vs corporations.

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▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬

Blog Post: Find out how to fill out Form W-4.

https://blog.bernieportal.com/how-to-fill-out-form-w-4

Form I-9: What you need to know.

https://www.bernieportal.com/hr-glossary/form-i-9/

IRS Tax Withholding Calculator

https://www.irs.gov/individuals/tax-withholding-estimator