“Accurate bookkeeping is the key to financial success.”
Starting a new business and need an EIN? Apply online at the IRS and get your Federal ID # immediately:
(for paying payroll and income taxes electronically)
Important California State websites:
(state payroll agency)
BOE - Board of Equalization
(sales and use tax and more)
The Colorado Business Resource Guide is a very helpful business start-up guide, even if your business is not located in the state of Colorado. I highly recommend you check out this valuable resource tool.
I have provided the following links to several useful government forms you may need in operating your business. This list is NOT all-inclusive and is provided here mainly for your convenience.
Common forms needed when you hire new employees or use outside labor:
Required Federal Forms:
Not sure if someone should be considered an employee or independent contractor? There are huge ramifications if you guess wrong. Get informed and sleep well at night!
Get these forms filled out before you pay them. Don't wait until it's time to issue the 1099s at year-end. Chances are they won't return your calls at that point!
Required California State Forms:
DE34 - Report of New Employees (must be filed within 20 days of start-of-work date. (Also available in QuickBooks Payroll Subscriptions.) DE542 - Report of Independent Contractor (must be filed within 20 days of either making payments of $600 or more or entering into a contract for $600 or more with an independent contractor in any calendar year.
QuickBooks Certified Pro Advisor