Setting up a new company

Discussion in 'Random Ramblings' started by debilorrah, Sep 17, 2010.

  1. debilorrah

    debilorrah The Great Guru of Yap Premium Member

    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!
     
  2. BarkerChickens

    BarkerChickens Microbrewing Chickenologist

    Nov 25, 2007
    High Desert, CA
    401K
    Any federal or local taxes?
    Liability Insurance (for company)
    Any add'l insurance for company vehicles



    and GFMs for all employees. [​IMG]
     
  3. debilorrah

    debilorrah The Great Guru of Yap Premium Member

    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!!!
     
  4. debilorrah

    debilorrah The Great Guru of Yap Premium Member

    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.
     
  5. LALASD4

    LALASD4 Chillin' With My Peeps

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    Sep 4, 2010
    San Diego, CA
    Never mind, I just saw that you have liability covered.[​IMG]

    How about a Federal tax id #?
     
    Last edited: Sep 18, 2010
  6. debilorrah

    debilorrah The Great Guru of Yap Premium Member

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

    Cetawin Chicken Beader

    13,752
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    Mar 20, 2008
    NW Kentucky
    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!
     
  8. debilorrah

    debilorrah The Great Guru of Yap Premium Member

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

    Cetawin Chicken Beader

    13,752
    58
    333
    Mar 20, 2008
    NW Kentucky
    [​IMG]
     
  10. debilorrah

    debilorrah The Great Guru of Yap Premium Member

    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.
     

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