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Monday
Aug152011

South Carolina

Every state tax system overpays some unemployment claims. One way we can save you money is by auditing 100% of your claims to find overpayment errors. Here is the most current information on your state.

Current Taxable Wage Base: $12,000
Tax Rate: 0.098% - 8.68%
Current Unemployment Rate: 9.90%
Benefits:
   Minimum $42 a week / $1,092 for 26 weeks
   Maximum $326 a week / $8,476 for 26 weeks
Deadline for nonprofits to become a reimburser: November 30, 2012
Minimum Reimbursement Term: 2 years
Lag State: No charges until end of 3rd Quarter of the year you leave the tax system.
Surety Bond Requirement:* Would be determined by the state. No security is required if the employer's property is valued over $2 million.

* A bond requirement, if any, to be determined by the state.