portdetroit.blogg.se - If i work remotely do i pay state taxes

While companies have seen annual cost-savings from utilizing remote-workers, they could also face a surprise depending on the tax situations.

How are you paying into unemployment and workers’ compensation?Īs an employer, determining remote work arrangements can have its challenges.

Do you need to open another office in that state to comply with any state or local laws there?.

When hiring your remote employees, you may need to consider and research certain options, in tandem with your HR and payroll offices: Potential Surprise Tax MattersĪs more companies continue to increase their telework options, especially when hiring fully remote employees, there will be a few business tax matters you’ll want to research before diving into the hiring process for remote workers. A Stanford study even shows that offering telecommute work options to employees halves the attrition rate and that home-working led to a 13-percent performance increase with increased employee satisfaction. The working-from-home population has been on the rise and has grown by 159% since 2005, according to Global Work Place Analytics.

Many known benefits exist for both a company and the employee and it’s a trend that will likely continue as the technology exists to allow for remote work arrangements, whether close-to-home, out of state or even abroad. Hiring remote employees has become more common and even popular among job-seekers and companies alike.