Government Requirements for Business Mountain Lakes Chamber of Commerce

Paying Yourself : for Corporations

Paying your Employees (and Uncle Sam)

The calculator above does not calculate tax on tips. If your employees are paid tips, please review:

Use the following forms to pay taxes to the government (usually a monthly requirement for new businesses):

Paying Yourself, your employee/shareholders (and Uncle Sam)

You and other working shareholders are employees who get paid using the same forms and tools as your regular employees.

Paying Independent Contractors

Pay independent contractors using the same systems as you do for other vendors. Do not ask for time-sheets or pay them with your regular employees.