Ohio certainly has a lot of local income tax rates, from school district codes to JEDDs....how do you keep track of so much!?
I own 100% of my S-corp in the state of NY. I am the only person working in the business (no other employees) and I'm the only officer (no other officer)
I would like to start taking a salary from my own business.
Do I need to 1) purchase or have Worker comp insurance? 2) purchase or have disability insurance?
I think that the answer is no to both because I am the sole proprietor of the business entity. Just want to post and see what the consensus is?
There is reciprocal agreement between OH & KY.
Employee live in KY and work in OH. The employee submitted Ohio withholding exemption certificate.
Do we withhold state tax for OH or KY?
In brief; we have contracts that employees are paid under that are either SCA or Union.
Our Human Resources Department was providing a summarized list of Holiday Pay / Benefits for each contract and specified on a specific contract that if a Holiday is worked individuals are to be paid: 8 Holiday hours at their regular rate of pay plus 1 1/2 (this is exactly how it's worded in the memorandum). How do you interpret that for calculation purposes?
HR interprets that if they worked 8 hours on the Holiday they would receive: 8 Holiday hours at their regular rate plus another 8 hours at their regular rate for the hours worked.
I think the way it is stated is misleading and makes it sound as though the individual will receive 8 Holiday hours at their regular rate plus 8 hours calculated at their overtime rate for their hours worked. I'm hung up on how she's getting 1 from 1 1/2. I am not used to working with a Human Resources Department and it just feels like we are always speaking totally different languages.