Filings for Businesses with Employees

If a business in Oklahoma has actual employees, it will also have additional state requirements and filings as following:

Employers are required by law to withhold employment taxes from their employees. Businesses can apply for and obtain an Oklahoma income tax withholding account with the Oklahoma Tax Commission (OTC).

Business will need to apply, as an employer, for computation and payment of an unemployment tax amount with the Oklahoma Employment Security Commission (OESC)

In accordance with Oklahoma Workers Compensation Commission (WCC) regulations, most businessess must cover its employees with workers compensation insurance.

Workers’ compensation is an insurance program that provides compensation for disability, medical, and rehabilitation benefits, for employees injured on the job.

Employers may buy their insurance from a private insurance company.