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Monday
Aug152011

South Dakota

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: 0.00% - 10.03%
Current Unemployment Rate: 4.90%
Benefits:
   Minimum $28 a week / $728 for 26 weeks
   Maximum $323 a week / $8,398 for 26 weeks
Deadline for nonprofits to become a reimburser: December 31, 2012
Minimum Reimbursement Term: 2 years
Surety Bond Requirement:* Could be the maximum new employer tax rate times the previous 4 quarters' taxable payroll.

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