Sep 22, 2022 | Blog, News & Press, Uncategorized
This past July, the State of New York created and issued the IAS, known as the Interest Assessment Surcharge to all UI tax paying employers. The rationale for doing so was to generate monies to pay the existing outstanding federal interest payment due at the end of...
Nov 11, 2021 | Blog, News & Press
If you’re an employer, the stakes just got higher! Consistent with UTCA’s ongoing efforts to keep our clients current on increasing UI claims costs, we have prepared a quick reference document of nationwide maximum claim potential liability. Generally,...
May 26, 2021 | Blog, News & Press
MASSACHUSETTS SENATE PASSES UI SOLVENCY BILL The Massachusetts State Senate followed the lead of the House of Representatives and passed the bill H3702 addressing some immediate relief to MA UI tax paying employers, all of whom were negatively and substantially...
Apr 22, 2021 | Blog, Employer Resources, News & Press
What’s Happened? It’s been an action-packed two weeks for UTCA! Many Massachusetts employers are still coming to terms with the grim unemployment tax escalations they are experiencing. If you are not yet aware of the issue, you can read our previous post here. We...
Apr 8, 2021 | Blog, Employer Resources, News & Press
Each year, Massachusetts “tax paying” employers (not Reimbursable employers) pay an annual statutory UI Solvency Assessment. The solvency rate used in the calculation of each company’s UI experience for 2021 was announced today and is quickly reverberating...
Mar 30, 2021 | Blog, News & Press
Taxing Times Massachusetts Bill H.90 “An Act financing a program for improvements to the Unemployment Insurance Trust Fund and providing relief to employers and workers in the Commonwealth” is currently pending Governor Charlie Baker’s approval. The...
