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 changes were the result of a state benefit file that was ran in error. The state has recently corrected this matter and has issued a second set of revised tax rates reflecting the original tax rating data.
Mistakes by the State are very common. Employers should be aware that the numbers used in their tax rate calculation are often times incorrect – costing thousands! The DOL has a great list to show what the error rate is in your state.
Contact Dunn Corporate Resources today to have your UI account reviewed at no cost!