Hey everyone
We have an automotive shop insured through the pool, they hadn't had previous coverage and we couldn't find anyone that wanted the risk without prior experience.
Anyways, the yearly audit is being done right now, and they are wanting the owner, who just formed an llc this year, to provide them with his 1040 and schedule C docs.
Now, the owner is excluded from the WC policy, so the only payroll information needed for rating the WC is his employees, which we have already provided a W3 for. I'm curious, why is a company looking for how much the owner/business made when th
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We have an automotive shop insured through the pool, they hadn't had previous coverage and we couldn't find anyone that wanted the risk without prior experience.
Anyways, the yearly audit is being done right now, and they are wanting the owner, who just formed an llc this year, to provide them with his 1040 and schedule C docs.
Now, the owner is excluded from the WC policy, so the only payroll information needed for rating the WC is his employees, which we have already provided a W3 for. I'm curious, why is a company looking for how much the owner/business made when th
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