Workers’ Compensation is defined as insurance that pays benefits and/or medical care to employees who are injured on the job, or who become ill as a direct result of their job. Key things to know as ...

Workers’ compensation insurance audits can lead to big and unexpected costs for your company, especially now that insurers and state governments are pushing for policyholders to ensure that their ...

Small businesses that are sole proprietorships, partnerships or limited liability corporations are allowed to deduct costs for workers' compensation insurance from their federal and state taxes. The ...

Since compensation is subject to employment taxes (including Federal Insurance Contributions Act taxes) and distributions to shareholders are not, S corporation owners often reduce their compensation ...