Wisconsin New Employer Information
Congratulations on your decision to become a Wisconsin new employer! You will need a few things in place before you run your first payroll:
Federal and State Tax Accounts
Federal Tax Accounts:
- Although it is not required, we suggest you register for the EFTPS (Electronic Federal Tax Payment System).
- EFTPS is an easy way to pay your federal taxes online or view any tax filings made on your behalf by Patriot. To find out more about the EFTPS, please read our article, “What Is EFTPS?”
State of Wisconsin Tax Accounts:
- As a new employer in Wisconsin, you will also need to register online with the WI Department of Workforce Development for a state unemployment insurance (SUI) tax account.
Setting Up Your New Employee:
- Fill out the required Form I-9 for employee work verification in the USA.
- This is a two-part form. The first section is filled out by the employee and the second part is to be filled out by the employer.
- You must retain each employee’s completed Form I-9 as long as the individual works for you. For more information, please read “What Should Be in an Employee File?”
- Form WT-4 is the state employee withholding allowance certificate for Wisconsin.
- Wisconsin follows the Federal minimum wage of $7.25/hour.
- By law, you are required to post the minimum wage poster for your employees.
Once you have all the necessary information, you will be able to set up your payroll for your business.
You will want to keep all payroll records for at least three years. For more information please read our help article, “What Employers Should Know About Employee Payroll Records.”
Let us know if you have any questions. We are here to help!
Let us know if you liked the post. That’s the only way we can improve.