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GA SUI Required for a single member LLC company that has filed for Sub S status with the IRS?
I recently created a single member LLC and filed form 2553 with the IRS to be classified as a Sub-S for tax purposes. I am the founder and only employee of the company with no plans to expand. In the state of Georgia, do I need to pay State Unemployment Insurance (SUI) assuming the IRS grants my request? I have my payroll processed via ADP and this seems to be a grey area that requires the expert opinion of an accountant familiar with GA code. Please provide info to back up your answer. Thanks!
‎September 25, 2024
11:38 AM