Looking for some help from an Ohio guy

Discussion in 'Business Operations' started by The landscaper, Feb 15, 2008.

  1. The landscaper

    The landscaper LawnSite Senior Member
    Posts: 845

    Anybody from around Ohio have a few minutes?
     
  2. kootoomootoo

    kootoomootoo LawnSite Platinum Member
    Posts: 4,369

  3. Drew Gemma

    Drew Gemma LawnSite Bronze Member
    Posts: 1,510

    scarlet and gray here although koot is the man if he's to busy counting money i can help !
     
  4. hole in one lco

    hole in one lco LawnSite Bronze Member
    Posts: 1,793

    help is always free just ask im on the westside burbs
     
  5. BUCKEYE MOWING

    BUCKEYE MOWING LawnSite Bronze Member
    Posts: 1,169

    Ask away ....there is a virtual BUCKEYE army on here to assist you ....
     
  6. Litehouse Beacon

    Litehouse Beacon LawnSite Member
    Posts: 12

    Cincinnati here to help. But you need to answer all who are willing.
     
  7. The landscaper

    The landscaper LawnSite Senior Member
    Posts: 845

    I am adding an employee or two this year. I just want to make sure I have everything in place to do so. What do I need to get as far as the workmans comp, add thm to insurance?, some kind of payroll....What are the steps to do all this the right way.
     
  8. Drew Gemma

    Drew Gemma LawnSite Bronze Member
    Posts: 1,510

    Workers comp fill the form out send fifty bucks that gets you started then you report every half and pay the percentage.

    New hire you need to fill out the following forms in the state of Ohio for each employee.
    employment eligibility verification form follow directions
    w-4 from
    Ohio job and family form
    Need a ein number Employment Identification Number
    You mail the Ohio form in they check the individual and take any money from his wage that he may owe the gov, or child support

    ss .062 - u match dollar for dollar
    medicare .0145 - u match dollar for dollar
    st .03 - employee only
    Then FICA use the tables or percentages employee only

    Also get Circulation e from IRS you will need it

    Then you will need to decide how you file 944 or 941
    each quarter or year you will fill out forms and write checks to ss, medicare,st job and family I think it is 4 different checks and forms each time if you screw up these forms or payments they fine you big time a good I repeat good accountant can help you here.

    Start getting the ball rolling by going to state and IRS websites and order forms because they take their sweet time and you have to mail back and respond on some to get started so it takes time to do it right.

    Once you get a system and know your way around the forms it is no problem.
    As you can tell I do 90% of my own paper work and tax documents.
     
  9. The landscaper

    The landscaper LawnSite Senior Member
    Posts: 845

    Is that 6% and 3% for ss and st. or .06%
     
  10. Drew Gemma

    Drew Gemma LawnSite Bronze Member
    Posts: 1,510

    those are the number you multiply by
     

Share This Page