Employees

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Stepping into the role of being an employer is a big step. There are many thins to consider once you decide to hire employees. Most critical is the addition of payroll and payroll taxes. Payroll must be consistent and timely and Payroll taxes even more so. There are large penalties for not meeting payroll requirements. Payroll taxes can easily Double very quickly if  they are not submitted on time.

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Beyond payroll and payroll taxes, you will have to consider stat and local labor laws, Health insurance, Retirement programs, Workers' Compensation insurance and more.