{"id":126,"date":"2012-10-23T14:00:30","date_gmt":"2012-10-23T21:00:30","guid":{"rendered":"https:\/\/www.jacksonwhitelaw.com\/az-small-business-representation\/?p=126"},"modified":"2023-07-11T09:59:22","modified_gmt":"2023-07-11T16:59:22","slug":"7-steps-for-hiring-your-first-employee","status":"publish","type":"post","link":"https:\/\/www.jacksonwhitelaw.com\/az-small-business-representation\/blog\/7-steps-for-hiring-your-first-employee\/","title":{"rendered":"7 Steps for Hiring Your First Employee"},"content":{"rendered":"
Starting a business is an exciting time and eventually you\u2019re going to need help keeping everything up and running. Below are 7 helpful steps for hiring your first employee. These steps will help make sure you follow federal and state regulations.<\/p>\n
1. Get an Employer Identification Number (EIN)<\/p>\n
You can get an EIN from the U.S. Internal Revenue Service<\/a>. The EIN is used to report taxes and other information to the IRS as well as to report information about your employees to state agencies.<\/p>\n 2. Set up records for withholding taxes<\/p>\n The IRS requires employees to keeps records of employment taxes for at least four years. You\u2019ll need a federal income tax withholding, which is often referred to as a W-4 form. You will also want your federal wage and tax statement, which is referred to as the W-2 form. Employers are required to send a copy of all W-2 forms to the Social Security Administration by the last day of February to report the wages and taxes of your employees.<\/p>\n 3. Employee eligibility verification<\/p>\n Within three days of hiring an employee, the employer must submit an I-9 form, which verifies an employee\u2019s citizenship or eligibility to work in the U.S. You can visit the U.S. Citizenship and Immigration Services website<\/a> to download the I-9 form and learn more information.<\/p>\n 4. Register with your state\u2019s new hire reporting program<\/p>\n Employers must report newly hired or re-hired employees within 20 days of hire to the state directory. You can visit Arizona\u2019s new hire link here<\/a>.<\/p>\n 5. Workers\u2019 compensation insurance<\/p>\n Employers are required to get workers\u2019 compensation insurance through a commercial carrier using their state\u2019s Workers\u2019 Compensation Insurance Program<\/a>.<\/p>\n 6. Post required notices<\/p>\n Employers need to post certain notices in the workplace that notify employees of their rights. You can visit the U.S. Department of Labor website<\/a> to find out which posters you need to display in your work place.<\/p>\n 7. Taxes<\/p>\n Be sure to file your taxes. Employers who pay wages are required to file the Employer\u2019s Quarterly Federal Tax Return or Form 941<\/a>.<\/p>\n All of these steps may seem overwhelming when you have so much going on already. A skilled Arizona small business attorney can take care of these things for you, leaving you free to run your business.<\/p>\n