If you use a State Fund or Private Carrier Policy for your work comp program, it is critical that you report all your payroll during an audit.*
Aileen Ramirez of Quality Employment Services LLC found out the hard way about under reporting payroll during a California State audit. Ramirez under reported $2.8 million dollars of payroll over 2 years resulting in a loss to the State Fund of $525,253.58 in insurance premiums. She was charged as a felon and had to reimburse the State for that amount. She received 3 years probation and is now a felon.
*Employers of Record (EOR’s) and Professional Employer Organizations (PEO’s) do not perform audits, since they are “pay as you go” programs.
Visit our web site at www.StaffingCompSolutions.com, call us at 202-302-1212, or email us at david@StaffingCompSolutions.com for more information about all our staffing and workers’ comp offerings.
Sincerely
David Schek
President
StaffingCompSolutions.com