Employee or Independent Contractor? Deciding whether an individual is an employee or an independent contractor can be difficult. This is a recurring question whenever employers are determining how to treat payments for services. The IRS outlines three categories to help define the degree of control that an employer has and the independence that an individual […]
Tennessee Releases 2017-2018 Tax Rate Notice TENNESSEE EMPLOYERS: The state has recently mailed out the unemployment tax rate notice for the taxable year 2017-2018. This year the state is using premium rate table six to assign tax rates to employers. Are you sure that the numbers on the tax rate notice is correct? Should your […]
Unemployment Tip – Document, Document, Document! Unemployment claims can be difficult to win, especially if the issue at hand is a discharge. Each state can be a little different in terms of laws and regulations, however they all require one thing in common: documentation. These days, it isn’t enough just to tell the state that […]
New Jersey Releases Unemployment and Disability Tax Rate Notice On July 28th New Jersey mailed out the tax rate notice for the taxable year 2017-2018. This notice contains the tax rates for both unemployment and disability. The minimum unemployment tax rate is 0.5% and the maximum tax rate is 5.8%. The state is using the […]
Update: New I-9 Form Released On July 17, the United States Citizenship and Immigration Services (USCIS) released a new Form I-9, Employment Eligibility Verification. The new Form I-9 is available on the USCIS website: https://www.uscis.gov/i-9-central. Employers will be able to use this revised version immediately. Employers can continue using the Form I-9 with a revision […]
Voluntary Short Term Disability: Give your Employees the Option to “Buy Up” The following is a true story. Joan was an employee at a large local hospital in New Jersey. When she was presented with the opportunity to elect various voluntary benefits to enhance her company benefits plan, she participated in many of them. Her […]
Case Study – Saving a client 36% through a Private Disability Plan The unemployment tax rate is not the only tax rate that Dunn Corporate Resources (DCR) helps employers reduce. The majority of our employers are unaware that savings are available in other areas such as temporary disability. (In New Jersey, “TDB” is the term […]
You can Save on SDI with a Private Plan The experts disagree. The odds of an employee suffering a disability of three or more months sometime in their career range from 20% on the low end to 80%. Regardless of the actual odds, it is almost a certainty that disability will have a major impact […]
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 […]
