37 Kessel Court Suite 205,
Madison, WI 53711

Starting a Business

Starting a new business is a very exciting and busy time. There is so much to be done and so little time to do it in. If you expect to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your business up and running. That’s where we can help.

Employer Identification Number (EIN)
Securing an Employer Identification Number (also known as a Federal Tax Identification Number) is the first thing that needs to be done since many other forms require it. The fastest way to apply for an EIN is online through the IRS website or by telephone. Applying by fax and mail generally takes one to two weeks. Note that effective May 21, 2012, you can only apply for one EIN per day. The previous limit was 5.

State Withholding, Unemployment, and Sales Tax
Once you have your EIN, you need to fill out forms to establish an account with the State for payroll tax withholding, Unemployment Insurance Registration, and sales tax collections (if applicable).

Payroll Record Keeping
Payroll reporting and record keeping can be very time-consuming and costly, especially if it isn’t handled correctly. Also, keep in mind, that almost all employers are required to transmit federal payroll tax deposits electronically. Personnel files should be kept for each employee and include an employee’s employment application as well as the following:

Form W-4 is completed by the employee and used to calculate their federal income tax withholding. This form also includes necessary information such as address and social security number.

Form I-9 must be completed by you, the employer, to verify that employees are legally permitted to work in the U.S.

Current News

IRS, States and Tax Industry Adding New Safeguards to Curb Identity Theft

Steps are on the way for to improve safeguards against identity theft and tax refund fraud.

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Sageworks to Introduce Electronic Tax Return Reader

Sageworks plans to add an Electronic Tax Return Reader as an enhancement to its ProfitCents and Valuation software.

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Social Security Won't Provide Cost of Living Increase Next Year

The Social Security Administration confirmed Thursday there will not be a cost of living increase...

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Tax Strategies Scan: Start Harvesting Early

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

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Serving Our Clients.

Grobe & Associates has created a knowledge platform of high level executives that vaunts a comprehensive portfolio of services and extremely personalized quality service. It is the basis for every client we take on. We have cutting-edge knowledge and technology that will transform the way your finances and bookeeping are done, bringing a new level of transparency to the process. We are conveniently located off of the Beltline Hwy serving Middleton, Verona, Fitchburg, and other Madison Wisconsin areas.

Much more than a website

Within this website you can find a profile of our firm, our services and our people - and a lot more. Time is money, so we've designed this site to work as a versatile and efficient resource tool that stands ready to educate, inform and lend you a hand. As you browse through this site, you will find:

  •  Informative articles on timely topics
  •  Your very own portal to store your taxes and other information
  •  Time-saving interactive financial calculators
  •  Links to relevant external websites

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