
Hiring Your First Employee: Tax and Payroll Obligations You Can't Skip
Hiring your first W-2 employee means new payroll tax obligations. This 2026 guide covers FICA, FUTA, Form 941, deposit deadlines, and Minnesota requirements.
John C Thompson, EA

Hiring your first W-2 employee means new payroll tax obligations. This 2026 guide covers FICA, FUTA, Form 941, deposit deadlines, and Minnesota requirements.

Starting a business in Minnesota? This complete first-year tax checklist covers EIN, entity structure, estimated taxes, bookkeeping, and every obligation you need to know.