Get Florida Contracting Classification Premium Adjustment Program Form
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How to fill out the Florida contracting classification premium adjustment program form online
The Florida contracting classification premium adjustment program form is essential for qualifying employers seeking potential workers compensation premium credits. This guide provides clear, step-by-step instructions to help users complete the form accurately and efficiently online.
Follow the steps to fill out the form correctly.
- Press the ‘Get Form’ button to access the form and open it in the online editor.
- Fill in the name of the insured, which refers to the organization or individual applying for the premium adjustment.
- Provide the address, including the city, state, and zip code, to ensure proper identification of the insured.
- Under the section related to business operations, specify whether this is a new business by selecting 'Yes' or 'No'.
- If applicable, submit information for the prior calendar year’s third quarter (July, August, September) as reported to taxing authorities.
- If this is a new business, supply information for the first complete calendar quarter following the effective date of your workers compensation policy.
- Report the total Florida wages paid for each classification code, ensuring to exclude overtime premium pay, executive officer pay beyond the maximum, and pay for exempt individuals.
- Indicate the total hours worked during the calendar quarter for each classification, also excluding overtime hours.
- If necessary, consolidate all wages for each classification code into a single entry without needing to provide individual employee names.
- Ensure all required information, including the signature, position, and date is completed before submitting the application.
- Once all fields are filled, review the form for accuracy, then save changes, download, print, or share the completed form as needed.
Complete your Florida contracting classification premium adjustment program form online today!
In Florida, companies that employ four or more employees are generally required to obtain workers' compensation coverage, particularly in the construction industry. This requirement ensures that workers are protected and that businesses comply with state laws. Exploring the Florida Contracting Classification Premium Adjustment Program Form can help you assess your coverage needs while potentially reducing your premium costs. Consider consulting USLegalForms for comprehensive solutions tailored to your company's specific circumstances.
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