I am self-employed and just changed to a S-Corp. Since I am the only employee do I need to have workers comp insurance and unemployment insurance?

Thanks for reaching out to us, @kevin-rtsnetwork.

S-Corp generally doesn’t need to carry worker’s comp for employees who are also business owners. However, state law often requires that corporations bring this policy to other employees. This policy covers medical expenses and lost wages if an employee is hurt on the job.

Thus, I suggest you seek professional advice from the State Agency. They can confirm the process in this kind of situation that you have.

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