Business Resources and Education
Starting a New Business
SCORE "Counselors to America's Small Business" is a nonprofit association dedicated to educating entrepreneurs and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).
The Beginning Stages of a Business
The BDC provides services to small businesses in the Sno-King region. We provide one-on-one counseling, student consulting teams from the region's colleges, events and seminars, and referrals to other resources and sources of assistance
Business that want to Accelerate Growth
Established in 1992, The Edmonds Community College Small Business Development Center (SBDC) provides customized training combined with business advising services to help owners & operators of small businesses accelerate growth, acquire financing, increase profitability and develop long term stability.
Business Training Center
Our goal is to develop and deliver training solutions that keep your business competitive and state-of-the-art. Whether your company is customer-driven, patient-oriented, service or product based, from 1-1,000 or more employees, we can deliver the training you need to get you to where you want to be.
Small Business Accelerator
The SCC Small Business Accelerator exists to help entrepreneurs start-up, plan, expand, or grow their small business. Our program consists of classroom instruction, limited free one-on-one counseling, and a Marketing Lab
Edmonds Chamber of Commerce
Networking, Marketing, Seminars, Speed Networking, Social Orientations, Speaker Presentations,
All businesses operating in the State of Washington must obtain a Washington State Master Business License. The Master Business License registers the business for state tax purposes and registers the trade name. A Uniform Business Identification Number, called a UBI Number, is assigned. For more information and to request an application, call 360.664.1400 or click here.
This IRS small business website provides information for self-employed entrepreneurs, employers and small to large businesses. The site offers a broad range of resources across federal and state agencies, as well as industry and profession specific information.
Form I-9: Under the Immigration and Nationality Act, you must verify the identity and employment eligibility of anyone you hire for employment in the United States. This includes citizens and non-citizens alike. The Employment Eligibility Verification Form I-9 was developed by the Immigration and Naturalization Service (INS) to verify that persons are eligible to work in the United States. You should complete a Form I-9 for every employee hired after November 6, 1986. After the Form I-9 is completed, sign it and retain the completed form to your files. You can download a Form I-9 by clicking here.
W-4: To know how much income tax to withhold from employees' wages, you should have a Form W-4, Employee's Withholding Allowance Certificate, on file for each employee. Ask all new employees to give you a signed Form W-4 when they start work. Make the form effective with the first wage payment. If employees claim exemption from income tax withholding, they must indicate this on their W-4. The amount of income tax withholding must be based on filing status and withholding allowances as indicated on the form. If a new employee does not give you a completed Form W-4, withhold tax as if he or she is single, with no withholding allowances. You can download a W-4 by clicking here.
DSHS: You must report all newly hired or rehired employees within 20 days of hiring. A rehire is an employee who returns to work after a 30-day period regardless of the reason for non-work. Not reporting could result in a penalty. To report a new hire, visit the DSHS website.
You may want to consider hiring a payroll processing company to do your payroll. If you decide to do your own payroll, you will need to pay your own payroll taxes. Either way, if you have employees, you are responsible for several federal, state and local taxes. Some of these taxes apply to employers, some are levied upon employees and some apply to both employers and employees.
- Federal income tax withholding
- Social security and Medicare taxes
- Federal unemployment tax act (FUTA) tax
In addition, you are responsible for timely payment or deposit of the employment taxes withheld from employees, your matching share of social security and Medicare taxes, and any federal unemployment tax act (FUTA) tax. The employer's share of the social security, Medicare, and all of the FUTA tax deposits are deductible. Be careful to only deduct the employer's share of the social security and Medicare taxes. Do not deduct gross wages (before deductions for income tax withholding, social security and Medicare) plus the employee's share of social security and Medicare. That would be deducting social security and Medicare twice. The correct process is to either deduct gross wages plus the employer's share of social security and Medicare, or net wages plus all payments for social security and Medicare. For more information, visit the IRS website,
You are required by law to display posters that provide employees with helpful information and resources. You can find a list of required posters by clicking here.
Unemployment Insurance is designed and intended to provide partial wage replacement for workers who are unemployed through no fault of their own. In the State of Washington, Unemployment Insurance is administered by the Employment Security Department. For more information, click here.
You will need to pay L&I Insurance for each employee. For more information, visit the Department of Labor and Industries by clicking here.