Subject Matter Advisor
Torben Madson
Address:
100 South Orange Avenue
Orlando, Florida 32801
Phone: (407) 210-2796
Email: tsm@aswmpa.com
Website: http://www.aswmpa.com
If you have any questions please contact the advisor above.
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State Specific Updates

All Advisor Updates

Florida

 

State Web Site:   www.Florida.gov  

General Business Requirement:

Apply to the Department of State for a Certificate of Authority to conduct business in Florida.

Business Entity Registration Forms

Licensing/Registration:

Licensure/Registration Application Package

Florida Board of Employee Leasing Companies Forms Center

Florida Board of Employee Leasing Companies Web Page

Florida Employee Leasing Companies Statute  (Title XXXII, Chapter 468.520-468.535)

Unemployment Insurance:

Combined Business Tax Registration Form  (Form DR-1)

New Employer Rate (2008) = 2.70%
Wage Limit (2008) - $7,000
Employer/Reporting Unit for SUTA contributions:  PEO

Agency Web Site:  Agency for Workforce Innovation

State Taxes:

There is no state withholding tax in Florida.

Other Taxes:  Combined Business Tax Registration Form  (Form DR-1)

Agency Web Site:  Florida Dept. of Revenue

Workers’ Compensation:

Workers' Compensation Liability Statement Application Package

Workers' Compensation and Release Authorization  (Form DBPR EL-4520)

Workers' Compensation Quarterly Compliance Form  (Form DBPR EL-4522)

Rating Bureau – NCCI:  State Specific Requirements for PEO
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Workers’ compensation coverage can be provided by either the PEO or client/co-employer.

Exclusive remedy benefits apply to both PEO and client/co-employer.

Agency Web Site:  Dept. of Financial Services - Division of Workers' Compensation

Benefit Plans:

PEO sponsored fully insured benefit plan is not subject to additional regulation.

A PEO sponsored self-funded benefit plan must be approved by the Board of Employee Leasing Companies as being permitted by the Florida Insurance Code or by ERISA.  See:  468-529 Licensee's insurance; employment tax; benefit plans.

MEWA Provisions – Do not necessarily apply to PEO.

Agency Web Site:  Office of Insurance Regulation