New Hire Reporting Requirements

Federal law requires every employer to report each new employee hired or rehired to a designated state agency, and requires all states to conform to a set of minimum standards for the information that must be reported.

The information required to be reported is as follows:

Employers: Name, address and federal employer ID number

Employee: Name, address and social security number

The law gives states the option of requiring employers to report additional information, such as the employee's date of hire, date of birth, state of hire and other relevant data. States also have the responsibility olf setting their own deadlines for reporting.

Failure to comply with these requirements can lead to financial penalties and other problems.

Stephens & Company can complete all reporting requirements for you. We forward these reports directly to the appropriate state agencies. This is another way to relieve our clients of the responsibility of following government regulations, so they can focus on their own business.