Experience Rating In Unemployment Insurance
Experience is a good thing, right? Not necessarily. When it comes to an employer's unemployment tax burden, experience can quickly become a double-edged sword. Here's everything your small business needs to know about an experience rating in unemployment insurance.
Minimizing Employer Unemployment Taxes
As a cost-conscious small business employer, the last thing you need is a high unemployment tax burden. The reality is that many employers pay a lot of unnecessary employment taxes. When every penny counts, these tips for minimizing unemployment payroll taxes could save you a bundle.
Employer Unemployment Tax Exclusions
Employers are legally required to pay unemployment taxes for their employees. But did you know that there are some exceptions to that rule? Rather than overpay your payroll taxes, you might check with your state employment agency to see if any of these employment tax exclusions apply.