2017 Unemployment Tax Rates Are Coming Soon
Could You Have an Opportunity for Tax Savings?
The states have begun the process of sending out the 2017 unemployment tax rates. This will be an excellent opportunity to review your rate status. You may have an opportunity for tax savings.
In reviewing your rate status, here are questions to consider:
- Do you understand your state’s finance model?
- How do you get your rate? What variables impact what you pay?
- Is your account eligible for a voluntary buy-down of the rate? Will it save you more tax dollars?
- Are you paying too much and want to minimize your exposure?
Unemployment taxes are actually completely controllable and are a hidden opportunity to add to your bottom line. Many employers do not realize how much can be saved by properly managing their unemployment claims process.
Preventing unemployment claims being charged to your account directly affects your organization’s unemployment tax rate. This lower tax could mean significant savings in tax dollars. On the other hand, not winning claims raises your unemployment insurance rating, which can cost you tens of thousands annually, if not more.
The solution? Unemployment Insurance Services has been providing unemployment claims outsourcing services for 40 years.UIS has saved their clients millions of dollars in unemployment liability through a claims management program that prevents 9 out of every 10 claims. Unlike other outsourcing opportunities, our service will literally pay for itself!
Jeff Oswald, UIS
Unemployment Insurance Services
3720 NE Troon
PO Box 7072
Lee's Summit, MO 64064