What is the taxable wage base? The taxable wage base is one of the key components in determining how much an employer will have to pay in unemployment taxes over the course of a year. Taxable wages vary from state to state, but generally there is a “cap” known as the taxable wage base, where […]
Vermont Employers: The Vermont Department of Labor has mailed out UI Tax Rate Notices on June 23, 2017. These new rates will be effective for July 1, 2017 as the state of Vermont operates on a fiscal year for unemployment. This means that your new rates will be applied for your quarterly filing due […]
What is a voluntary contribution? Simply stated, a voluntary contribution is a way of “buying down” your tax rate in order to produce a savings over the course of a year. By making a voluntary contribution payment, an employer will reduce their tax rate by a single bracket or sometimes two depending on the tax […]
What is a Benefit Charge? To fully understand the full impact of benefit charges, we must first understand exactly what a benefit charge is. When someone applies for unemployment and then gets deemed eligible to collect unemployment benefits, they are then paid out money. In some cases, the State will even pay out unemployment benefits […]
Today, a huge buzz word in the world of unemployment is UI SIDES. It is a centralized federal system for electronic transmission of data, making unemployment claims handling much easier, faster, and more efficient. To learn more about UI SIDES, check out our blog post or visit the ITSC website directly. At the National Association […]
Are you a Virginia employer that recently received a revised unemployment tax rate notice? Maybe even two revised rate notices? Not sure what to make of it? Last month the Virginia Employment Commission mailed out a set of revised rate notices. These were mailed out to notify employers that their rates had changed. However, the […]
The unemployment tax rate is the only tax rate that YOU can control. From the rising consequences of non-compliance to the erroneous actions made daily by the state, why wouldn’t you want to ensure that you are paying the lowest rate possible? At DCR, we meticulously monitor tax and claim accuracy while taking a […]
Starting in 1986, we were primarily focused on unemployment cost control and tax savings. As our business grew, so did our breadth of services. Through acquisition and partnerships, we now boast an array of services ranging from business and personal financial options to insurance and employee benefits. Our well-rounded portfolio of services has lead […]
