The Tennessee Department of Labor and Workforce Development has announced that it will move from Premium Table 4 to Premium Table 3, effective for January 1, 2008 through June 30, 2008. All employers will experience a tax rate increase with the exception of new employers and experience-rated employers with a negative reserve account balance. This [...]
Service Bulletins
2008 State Unemployment Taxable Wage Bases
January 18th, 2008
States have begun the process of establishing their unemployment taxable wage bases for 2008. Click here for a listing of the taxable wage bases that we have obtained thus far.
If there are any questions, please contact us.
Texas Surplus Tax Credits for 2008
January 14th, 2008
The Texas Workforce Commission has indicated that an estimated $170 million in “Surplus Tax Credits” will be distributed to qualified employers in 2008. For the second consecutive year the Surplus Tax Credits will be available because the balance in the Unemployment Compensation Trust Fund exceeds the statutory ceiling. The Surplus Tax Credits, which are actually [...]
Opportunity to Reduce Unemployment Tax Rates in Alaska
January 4th, 2008
Every January we remind clients with payroll in Alaska about the Option Forms that can be used to possibly reduce your UI tax rate. The option forms allow you to adjust for artificial variances in your quarterly payrolls caused by such payments as an extra bi-weekly payroll in a quarter, bonuses, and lump sum payments.
State [...]