All new companies must register their business with their state tax agencies before processing their first payroll. Also, if you have employees working in multiple states or in a new state, you must register with each state separately. Once registered, you will receive a tax account number that will allow Fingercheck to withhold payroll taxes, file your tax forms, and make tax payments on your behalf.
In this article you will learn more about:
State Payroll Taxes
State Payroll Taxes and State Tax IDs are a legal requirement for hiring and paying employees in the United States. All small businesses must track and report all payroll taxes to avoid government audits and fines. CorpNet can help your business register for your State Tax account, which will save you time in researching state requirements, filing paperwork, and dealing with your state’s administration office. In cooperation with Fingercheck, CorpNet can quickly register your new business for state payroll taxes. CorpNet’s specialists manage the process of registering your new business for State Unemployment Insurance Tax (SUI) and State Income Tax (SIT), allowing you to easily pay your employees.
There are two ways to register for your State Tax ID. You can register through our trusted partner, CorpNet to help ensure that all of your paperwork and filings are legally compliant or file yourself. CorpNet automates and processes the State Tax Registration on your behalf.
Register with CorpNet
Employer Tax Registrations can delay or prevent payroll processing leaving you frustrated, unhappy, and able to pay your employees. CorpNet can help your company get up and running quickly. Their experts can file your sales tax registration and payroll tax registration for you. You don’t have to worry about setting up SUI or SIT when they handle the paperwork for you. Instead, you can focus on running and growing your new business.
To get started, go to your Fingercheck app, select Setup from the menu, then navigate to Payroll, then Tax Work Locations, and Select Register for a State Tax ID. When you click the blue button, you will be sent to CorpNet’s secure registration site. CorpNet will collect information about your company to determine your eligibility for employer payroll tax registration. After you place your order, your CorpNet agent will collect any additional information needed to complete your request for payroll tax registration. Then they will process your application ASAP and submit your application to your state. Once your payroll tax application is processed with the state, they will provide you with your account details. This allows you to start paying your employees and stay in compliance with state and federal programs.
State tax registrations can be a long and tedious process, that's why we’ve partnered with CorpNet to assist with the arduous tax registration process. We have basic tax resources to help you. You will be responsible to navigate and facilitate the tax registration process for each state you have a tax work location.
Once you have registered and received your State Tax ID, then you must enter it into Fingercheck and upload the documentation.
Enter Tax IDs
Once you have entered your tax work locations in Fingercheck, then you must complete the tax ID registration process.
After registering with your state, you will receive a Tax Account Number and Tax Rate via one of the following methods: online, email, or regular mail.
Enter the Withholding Tax ID and Unemployment Tax ID by navigating to:
Setup > Payroll > Tax Jurisdictions and locate the corresponding jurisdictions for the state.
Submit the corresponding tax documents which contain your Tax ID and Unemployment Tax Rates by using the Submit Notices button located in the Tax Jurisdiction.
Please note: Tax ID numbers and unemployment tax rates must be submitted as soon as possible. Failure to do so will delay tax payments/filings and may lead to unavoidable fees.
Sign a state Power of Attorney (POA) form which can be found as a pending task on your dashboard. If you added the work location in the company setup wizard, then please disregard this step as the POAs have already been signed.
Fingercheck will begin to file taxes once the first payroll is processed and all Tax ID numbers have been received.
As always, we aim to enhance your experience here at Fingercheck with not only new enhancements but with guides to provide you with the direction and support needed to do business better.
If you have any further questions about CorpNet or state tax registration, you can reach out to our team at 1-800-610-9501, or by using our in-app messaging Service Desk by logging into our secure site and initiating a conversation.
To learn more about our cost-effective and user-friendly cloud-based time and attendance software, check out our website at Fingercheck.com. Interested in our services? Sign up for a 30-day free trial and get started with Fingercheck today.