Several states have released their state unemployment insurance (SUI) taxable wage bases for 2023. Employers should be aware that due to UI trust fund balances that are lower than anticipated and economic concerns regarding employer taxes, some states may… Annual Taxable Wage Bases Several states have released their state unemployment insurance (SUI) taxable wage bases for 2023. Employers should be aware that due to UI trust fund… https://www.aatrix.com/news/2022/11/annual-taxable-wage-bases-2023/
The 1099-G form is used by government agencies to report payments made to businesses or individuals to the Internal Revenue Service (IRS). This does not include wages. The most common use is to report unemployment compensation or tax refunds. Have You… Unemployment benefits during 2021 were still at a historical high, and your employee may fall victim to fraudulent unemployment claims. If an employee reaches out to your… https://www.aatrix.com/news/2022/04/1099-g-how-help-if-employee-has-fallen-victim-fraudulent-unemployment-claim1/
While We Don’t Know All The Changes That We’ll See To Payroll in 2022 - Here Is What We Know So Far! Changes already released this year include: State Unemployment Wage Bases; Social Security Wage Base; Medicare Tax; Dependent Care Limits; Limits To Hea… State Unemployment Wage Bases State unemployment insurance taxes are based on a percentage of an employer's taxable wages. The Federal Unemployment Tax Act (FUTA) requires… https://www.aatrix.com/news/2022/03/important-2022-state-and-fed-withholding-dependent-care-hsa-and-other-changes-2022/
Twenty-five states are ending their participation in the federal unemployment programs beginning June 12th, almost three months before their official expiration on September 6th. Twenty-five states are ending their participation in the federal unemployment programs beginning June 12th, almost three months before their official expiration on September… https://www.aatrix.com/news/2021/06/states-have-started-cutting-federal-unemployment-benefits-week/
Overall the unemployment situation continues to recover from the pandemic-related levels. The unemployment rate has edged down to 6% which is down considerably from its high in April 2020. Overall the unemployment situation continues to recover from the pandemic-related levels. The unemployment rate has edged down to 6% which is down considerably from its high… https://www.aatrix.com/news/2021/05/key-takeaways-recent-unemployment-reports/