Most of us are entrepreneurs so we can be our own boss. But if you’re successful enough, your company may have hit the stage where you need some help. Now that it’s time to bring someone else aboard, do you know the legal ins and outs of onboarding employees?
Here are a few things to think about before hiring your first employee:
Paperwork and Prep
Before you hire anyone, you’ll need an Employer Identification Number (EIN) in order to report taxes to the IRS and state agencies.