State Payroll Taxes
State Income Taxes – The Montana Department of Revenue outlines state income tax withholding requirements here.
State Unemployment Taxes – Unemployment insurance must also be paid by employers to the state of Montana. Information on state unemployment insurance can be found on the Montana Department of Labor & Industry website.
Employers should understand the various regulations and laws pertaining to employees. If you plan to hire employees, learn the rules that apply to your business. Federal laws, depending on your sales volume and number of employees, may supersede state laws. Consult with the state and federal Departments of Labor to learn more. If you are unsure of your obligations, an attorney’s guidance can be useful in assisting you to meet legal requirements.
Workers’ Compensation Insurance
All employers, regardless of the number of employees, should contact the Montana Department of Labor & Industry to determine if they are legally obligated to provide workers’ compensation insurance coverage for their employees.
Workers compensation insurance is purchased by the employer from an insurance provider. Employers must also comply with workplace posting requirements and must comply with procedural and documentation requirements in the event of an accident in the workplace.