The form of business you operate determines what taxes you must pay and how you pay them. According to IRS.gov, the following are the Five General Types of Business Taxes:
Labor Laws
As our state labor laws are based on federal labor laws you can find a wealth of information on the
US Dept of Labor website or the South Carolina Legislature website:
Title 41 - Labor and Employment. Topics on the USDOL website range from FMLA and breaks, to work hours and youth labor. For specific questions, such as "Do I need an employee handbook?", or to consult with an attorney, you may want to check with the
South Carolina Bar for assistance.
SC Employer Requirements
E-Verify - U.S. Dept. of Homeland Security (USDHS)
The South Carolina Illegal Immigration and Reform Act
requires all employers to verify the legal status of new employees, within
3 days of employment, and prohibits the employment of any worker who is not legally in this country and authorized to work. SC Labor, Licensing and Regulation (SCLLR) is in charge of enforcing this law - for more information visit
SCLLR.
You can verify this online at
uscis.gov
Withholding - SC Dept. of Revenue (SCDOR)
You
must obtain an employer withholding account from the
SC Dept. of Revenue (SCDOR). There is no charge to register for this account and you can register on-line at
MyDORWAY
Unemployment Insurance - SC Dept. of Employment and Workforce (SCDEW)
You must file with the
SC Dept. of Employment and Workforce (SCDEW) if the employer has at least one employee. DEW will determine the Unemployment Insurance liability or non-liability of the employing unit. An Employer ID# can be applied for on SUITS
SC New Hire - SC Dept. of Social Services (SCDSS)
ALL employers
must report all newly hired employees within twenty (20) days after the employee's first day of work. You can report this online on
newhire.sc.gov
Employment Posters - SC Dept. of Labor, License, and Regulation (SCLLR)
Employers in South Carolina are required to post two employment notices from the SC Dept. of Labor, Licensing and Regulation (SCLLR) in a place or places where employees can see them. The LLR Workplace poster, which includes OSHA (Occupational Safety and Health) and the Labor Law Abstract (Payment of Wages and Child Labor) and the Right-to-Work poster. For more information go to
SCLLR
Workers Compensation - SC Workers Compensation Commission (WCC)
The rule of thumb is that any employer who regularly employs four or more workers full-time or part-time is required to have workers' compensation insurance though there are some exceptions to this. Find out more information about whats required of an employer on the FAQ page at
wcc.sc.gov
