I appreciate you for choosing QuickBooks Online Payroll (QBOP) as your partner to handle your business, Alex. I can help with your questions about the W-4 form and Workers' Compensation insurance, ensuring you have the correct information to start confidently.
In QBOP, when an employee completes their W-4 form, you also have to report their hiring to the California Employment Development Department (EDD). It involves submitting a new hire report within 20 days of the hire date. Depending on your payroll plan, we can file the necessary new hire form for you, or you can get the form in your product to file with the state.
For more details, see this link: Get a new hire report.
Yes, as a California LLC, you will have Workers' Compensation insurance, which covers medical bills, lost wages, and legal expenses in case of an accident. For more information on obtaining and managing it with Pay As You Go, please see the article: Understand workers’ compensation insurance.
Furthermore, Intuit Insurance Services Inc. (IISI) partnered with Next Insurance to make this happen. IISI is owned and operated by Intuit Inc., the maker of QuickBooks, and receives compensation from Next Insurance (California License No. OH27264).
Pay As You Go is integrated into QBOP. It helps automate workers’ compensation premiums so you never miss a deadline. The exact premium cost of your policy is calculated based on your actual payroll data. That amount is automatically withdrawn from your bank account and sent directly to your insurance provider.
If you wish to get a quote, sign up, or check the requirements, please see this resource: Workers’ Compensation Insurance Information.
Visit this page to run, print, and customize payroll reports in QuickBooks Online Payroll: Run payroll reports.
I appreciate your commitment to understanding the requirements for your LLC and ensuring you have the correct protections in place. If you have any more questions or need further assistance as you get started with QuickBooks Payroll, let me know by adding a comment below. I can support you every step of the way.
