Employer Taxes: Withholding Compliance

business accountant New Jersey


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Hiring a new employee is not as simple a task as employees may think. We at Chugh CPAs, LLP, are aware of regulatory and tax compliance that employers must follow upon hiring of new employees. All employers who hires an employee must comply with various federal, states, local, unemployment, immigration, etc laws and must file relevant forms periodically. Ignoring of filing and withholding rules may impose large federal and state penalties to the employer. We are experts in providing the following related services:

      • Audit of employer files
      • Employee v/s non-employee analysis
      • Help employer to coordinate with state and local government agencies to register as “employer”
      • Prepare pay package for the new hire
      • File various state and federal quarterly and annual payroll returns and forms
      • Coordinate with the federal and state government agencies to handle payroll tax related audits and examinations
      • Tax consideration on hiring non-resident employees
      • Taxable v/s non taxable compensations and benefits
      • Tax consideration upon hiring family employees
      • Tax planning on bonus payment
      • Federal and state EFTPS coordination
      • Amendment of quarterly and annuals payroll returns and forms
      • Multi-state payroll processing issues
      • Worker’s compensation filing

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