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Monday
Aug152011

Utah

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: $29,500
Tax Rate: 0.50% - 9.50%
Current Unemployment Rate: 7.60%
Benefits:
   Minimum $28 a week / $728 for 26 weeks
   Maximum $467 a week / $12,142 for 26 weeks
Deadline for nonprofits to become a reimburser: January 31, 2013
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:* Could be 1% of the previous 4 quarters' gross payroll.

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