Denver Business Daily

How do to payroll for a small business in Florida?

Need answers from accountants or payroll professionals please. I don't need to know any tax rates. I should have the following deductions: Social Security Medicare Federal Tax Federal Unemployment State Unemployment (SUI) Is this correct????? How often do I send a liability check to the State and Federal??? Monthly for each??? What tax forms do I have to fill out and when?? Thanks, any help is appreciated.

Public Comments

1. Get a copy of IRS Pub 15 from the IRS website. It will tell you everything that you need to know about payroll taxes. Then go here for information on FL unemployment taxes: http://dor.myflorida.com/dor/eservices/apps/filepay/ut/ More than likely you'll learn enough that you'll want to consider using a payroll service to handle the scat-work for you. Payroll is a major pain in the backside.
2. It depends on the size or your business and your business address.