Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Give typed solution full explanation Don't upload any type of photos DRDA has asked us to research and report on the requirements for 49 states

Give typed solution full explanation

Don't upload any type of photos

DRDA has asked us to research and report on the requirements for 49 states (excluding Texas) regarding doing business in that state and the relevant employment laws of that state. The questions that the client wants us to answer are as follows (however, do not feel limited to addressing only these topics - if your team discovers any requirement or provision in the law of any state that could affect DRDA's doing business in that state or the decision to commence operations in that state, be sure to include that in your report):

Massachusetts

Licensed and non-licensed employees requirements:

What are the licensing requirements for accounting firms in the state?

Does the firm itself need to be licensed or only the individual accountants?

What are the requirements (education, experience, etc.)?

Must an examination be taken and passed (when offered, online or in-person, what is the passing grade)?

What are the fees?

Is there reciprocity for accountants licensed in another state?

What are the continuing educational requirements?

Registration Requirements:

What are the registration requirements for doing business in the state?

If DRDA has an employee living in the state and working remotely, does DRDA have to register as an employer with that state?

Does it have to register as a CPA firm doing business in the state?

What types of professional designations are recognized in the state (e.g. LLC, PLLC, PC etc.)?

Taxes

What are the rules regarding payroll and employment tax?

Does the firm have to be registered as an employer?

Is there a state income tax?

What are the rules for withholding and paying state taxes?

Employee Benefits

What are the rules regarding employee benefits?

Are there any required benefits that must be provided (e.g., Workers' Compensation, Unemployment Insurance, Disability Insurance, sick pay (not otherwise governed by ACA), family leave (not otherwise required by FMLA), vacation leave (paid or unpaid)? Describe the requirements for each of these benefits.

Is there a minimum wage requirement higher than the federal minimum wage (you should check individual cities in the state)?

Are there other wage and salary laws that go beyond FLSA?

Labor Relations

What are the rules regarding labor relations?

Is the state a right to work state?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Physics

Authors: Jearl Walker, Halliday Resnick

8th Extended edition

978-0471758013

Students also viewed these General Management questions