Setting up a new company

[debilorrah]

So. I have been a contract employee of a local transit agency for 3 years and we are now taking the functions in house, and I am the lucky on that gets to set everything up. Here is my list. I need to know what I am forgetting:

Payroll program
PR Taxes
State taxes
Medical, dental, vision, life, disability insurance
Employee manuals
Drug & alcohol manual
Safety Manual
CalPERS Retirement set up
Business License
State tax id number
Required handouts for new employees
I-9 files
Seperate medical insurance files
Flexible spending account
Workers Comp insurance

We are a public entity, so we have a lot of perks most don't get. I really feel I am forgetting something, and I HAVE to make sure everything is in order.... HELP! I know you guys are smart!

 

[BarkerChickens]

401K
Any federal or local taxes?
Liability Insurance (for company)
Any add'l insurance for company vehicles



and GFMs for all employees.

 

[debilorrah]

Quote:
You are SOOO Funny! We don't need 401(k) - we are CalPERS, Liability is covered. So are company vehicles. I forgot them on my list though, so good catch! I have about 90% of the knowledge that a person with an HR degree would, and it is that 10% that is killing me!!!

 

[debilorrah]

Quote:
The payroll program takes care of taxes too. But I do have a question. Is SS filed through the 941, 940?? The company is paying 100% of SS taxes for my boss til Cal PERS is in place.

 

[LALASD4]

Never mind, I just saw that you have liability covered.

How about a Federal tax id #?

 

[debilorrah]

Quote:
Got that, thanks!!! I seriously need to make sure I have it all covered.

 

[Cetawin]

Employee Personnel Files
Logs (ie driver, dispatch etc etc)
Various files for bank statements
Income Tax Returns w/profit and loss statements

You will get it Debi!

 

[debilorrah]

Thanks Cetawin. I think I must have it all down ok, since there are no more responses. YAY!!!!

 

[Cetawin]

 

[debilorrah]

Quote:
We just hired a Finance Manager, so all I will be left with is HR stuff. And that is a relief because it has ALL been on my shoulders.