What Is The Tax Rate That A New Employer Will Have To Pay?

The tax rate for new employers is 2.7% of the first $7,000 of wages earned by each employee each calendar year. Governmental employers rate is 1.0% and they have the option to be taxable (pay contributions) or reimbursable (reimburse the Fund for benefits paid.) Not for Profit employers rate is 2.7 and they have the option to be taxable or reimbursable.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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