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Asked in NY May 26, 2022 ,  0 answers

disability & compensation insurance premiums

are the owners of a LLC personally liable for disability and compensation insurance premiums

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3 Answers

Anonymous
Reply

Posted on / Apr. 30, 2008 16:37:00

Re: disability & compensation insurance premiums

Those individuals who are officers or who are in charge of the payroll can be personally responsible for not have disability and compensation insurance premiums. The fines and penalty many times exceeds the cost of the premiums many times over.

A word to the wise, keep the disability and compensation insurance premiums current.

If you have a reliable business lawyer he would tell you this right up front.

If you would like to discuss this further, please feel free to contact me.

Anonymous
Reply

Posted on / Apr. 30, 2008 16:37:00

Re: disability & compensation insurance premiums

Those individuals who are officers or who are in charge of the payroll can be personally responsible for not have disability and compensation insurance premiums. The fines and penalty many times exceeds the cost of the premiums many times over.

A word to the wise, keep the disability and compensation insurance premiums current.

If you have a reliable business lawyer he would tell you this right up front.

If you would like to discuss this further, please feel free to contact me.

Anonymous
Reply

Posted on / Apr. 30, 2008 16:37:00

Re: disability & compensation insurance premiums

Those individuals who are officers or who are in charge of the payroll can be personally responsible for not have disability and compensation insurance premiums. The fines and penalty many times exceeds the cost of the premiums many times over.

A word to the wise, keep the disability and compensation insurance premiums current.

If you have a reliable business lawyer he would tell you this right up front.

If you would like to discuss this further, please feel free to contact me.

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