Employers in 13 States and the Virgin Islands Will Have Higher Federal Unemployment Tax Rates in 2013

Employers in Several States to Soon Pay Interest Surcharges

July 19th, 2013 6:26 pm

As of July 5, 2013, 18 states and the Virgin Islands have borrowed money from the federal government to help keep their unemployment insurance (UI) trust funds solvent. The loans total more than $21 billion. The federal government will charge interest on these loans unless the loans are repaid. Many states are passing the interest […]

IRS Issues “Healthcare Law Online Resources” Publication

February 8th, 2013 9:24 pm

The IRS has posted Publication 5093, Healthcare Law Online Resources,  on its website. The one-page publication has a section for employers that includes links to where employers may find further information on health insurance, tax benefits and responsibilities, and small business resources. There is also legal guidance on the labor provisions and a link to […]

Employers in 17 States May Pay Higher Federal Unemployment Tax Rates in 2013

February 8th, 2013 6:23 pm

Employers in 17 states (and the Virgin Islands) may not be eligible to claim the maximum amount of state unemployment tax credits on their 2013 federal unemployment (FUTA) tax return, because their state has had an outstanding federal unemployment insurance (UI) loan for at least two years. Background.  Employers pay FUTA tax at a rate […]