Managing the Risks of Unemployment Claims

October 12, 2018

Via: Spark

Effectively managing the risks of unemployment claims is an important part of an overall employment-related compliance strategy. While federal unemployment insurance (UI) tax rates are fixed, state UI tax rates are not; instead, they’re directly related to the number of your former employees who successfully claim and collect unemployment benefits. By following best practices in preventing and, when necessary, contesting unemployment claims, you can help reduce your state tax liability and positively impact your bottom line.

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