As the legal, W-2 employer of your contractors, we take on all payroll taxes and responsibilities, including withholding the employee taxes from paychecks, contributing the employer share, and handling all deposits and filings, including:
- Federal income tax
- Social Security tax (employee and employer)
- Medicare tax (employee and employer)
- Federal unemployment tax
- State income tax
- State unemployment tax
- State disability insurance (if applicable)
- Workers’ Compensation premiums
- W-2 forms