In addition to automobile dealers, there are many types of establishments whose sales or service may be recognized as retail by the Fair Labor Standards Act. Generally, a retail establishment must have a certain percent of its annual dollar volume of sales of goods or services that are not for resale. The establishment must also be recognized for its retail sales or services in the particular industry. At Nanny Tax Solutions, we can help retailers navigate these intricate rules.
We also help retail establishments:
1. Register your employee with the state.
2. Set-up your account for filing returns with the state, if applicable.
3. Comply with checking your employee’s legal ability to work.
4. Pay your employee via direct deposit.
5. Issue wage statements to your employee.
6. Calculate Social Security, Medicare and Unemployment taxes.
7. Prepare payroll tax returns and make tax payments.
8. Generate Form W-2 for issuance to your employees.
9. File your W-2s with the Social Security Administration.
10. Maintain records of payroll issued.
