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xtremelawn
02-13-2011, 05:38 PM
This will be the first year that I will Hire Employees and i am trying to find out what all I have to pay for them. I live in Texas can someone about payroll.
Payroll taxes, unemployeement and workers comp. Does anyone know what all this cost and am i forgetting anything?

Thanks

DA Quality Lawn & YS
02-14-2011, 04:00 PM
Your list looks good. State and Fed unemployment. FICA taxes. Withholding (thats not your cost though). Workers Comp. If they will be using their own vehicles, make sure you have Hired/Non Owned Auto coverage on your GL or Auto policies.

I would consult with an expert in your area to make sure your list is exhaustive.

PLS-Tx
02-14-2011, 04:28 PM
We use a payroll service, works great. They take care of everything, all we do is e-mail the guys time in once a week. If they have a bank acct. their check is direct deposited if not it's mailed to them.

yard_smart
02-14-2011, 10:38 PM
I'm with PLS ... We use PayChex. But yeah I budget about 25 cents on the dollar to cover payroll processing, all the taxes and work comp so a 10/hr guy really cost you closer to 13.
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