General
Minnesota Unemployment Information for an S-Corp with Only Officer Employees
Minnesota Unemployment for an S-Corp with Only Officer Employees If an S-corporation has no employees other than its officers, Minnesota unemployment rules depend entirely on ownership and whether the corporation elects coverage. Default rule in ...
MN Unemployment: Officer Election of Coverage Instructions
Officer Only Payroll – MN Unemployment Election of Coverage If the only employees of the company are the corporate officers and you would like to elect coverage for Minnesota Unemployment, follow the steps below. Step 1 — Register for a Minnesota ...
Quickbooks Import
Use Instructions below to do import IIF files into Quickbooks Save your IIF file to your network so you can import into Quickbooks. Log into Quickbooks and use following steps: You will browse to find your IIF file to import **You should receive a ...
How to Calculate the Cost of an Employee
To calculate the cost of an employee - factor in: Gross Wage + Employer portion of Social Security Tax = 6.2% + Employer portion of Medicare Tax = 1.45% + Employer portion of State Unemployment (rates vary and are based on numerous factors, consult ...