All Posts By

Kathy Wilson

Wisconsin To Waive Unemployment Benefit Charges

The Wisconsin Department of Workforce Development has announced that it will not include unemployment benefits charged from March 15, 2020 to June 30, 2020 when calculating employer’s unemployment tax rates for 2021.

Under Emergency Rule 2018, published June 29th in the state administrative register, the Department is to assume that all benefits charged from March 15 to June 30 are related to the COVID-19 pandemic for purposes of calculating 2021 tax rates.

The calculation of an employer’s 2021 tax rate generally would include benefits charged up to June 30, 2020, but Wisconsin Act 185 signed in April requires virus-related benefits to be charged to the state unemployment balancing account instead of to individual employers.

The Department has indicated that redirecting the charges from employer’s accounts to the general balancing account will have to be completed manually and is expected to take thousands of hours. The process is not completed by June 30th because of the high volume of benefit claims, so the rule is to allow the Department to avoid charging employers for virus-related benefits in 2021.

As always, if there are any questions please do not hesitate to contact us or visit our website at https://thomas-and-company.com/news/.

Nevada Unemployment Taxable Wage Base to Rise in 2021

The Nevada Department of Employment, Training & Rehabilitation announced today that the unemployment taxable wage base is set to rise to $33,400 in 2021, up from $32,500 in 2020.

The change to the taxable wage base takes effect Jan. 1, 2021.

The Department’s unemployment tax rates for 2021 are expected to be finalized in December.

As always, if there are any questions please do not hesitate to contact us or visit our website at www.thomas-and-company.com.

Vermont Unemployment Tax Rates Decrease for 2020/2021

On June 23, 2020, the Vermont Department of Labor reported that tax rates for experience-rated employers are set to decrease for the fiscal year ending June 30, 2021.

Effective July 1, 2020 through June 30, 2021, tax rates for experienced employers are to be determined with Schedule 1 and will range from 0.40% to 5.40%. Tax rates under Schedule 1 are generally lower than those under Schedule 3, which was in effect from July 1, 2019 through June 30, 2020.

The new-employer tax rate for non-construction industry employers will remain at 1.00% during this time. For new employers in the construction industry, tax rates are set to decrease. The new-employer tax rate for the buildings construction industry (Code 236) is to be 3.50%, down from 4.00%; the new-employer tax rate in the heavy and civil engineering construction industry (Code 237) is to be 4.90%, down from 5.60%; and the new-employer tax rate in the special trade construction industry (Code 238) is to be 4.20%, down from 4.80%.

Tax rates for fiscal year ending June 30, 2021 were calculated based on unemployment tax data from calendar year 2019 and do not take into account the impact of the COVID-19 pandemic, which may affect rates in later years, the department said in a news release.

As always, if there are any questions please do not hesitate to contact us or visit our website at www.thomas-and-company.com.

UNEMPLOYMENT WEEKLY CLAIMS REPORT W/E MARCH 7, 2020

The Unemployment Insurance Weekly Claims report for the week ending March 7,  2020 has been released by the Department of Labor.

  • Seasonally adjusted initial claims: 211,000
  • 4 week moving average: 214,000
  • Seasonally adjusted insured unemployment rate: 1.2%
  • Seasonally adjusted insured unemployment number: 1,722,000
  • 4-week moving average: 1,727,500
  • Number of unadjusted claims: 200,159
  • Unadjusted insured unemployment rate: 1.4%
  • Unadjusted number claiming UI benefits: 2,054,619

The full news release report can be downloaded here.

 

TENNESSEE: IRS DEADLINE EXTENDED FOR TORNADO VICTIMS

The revised deadline for those affected by last week’s tornadoes in Tennessee is July 15, 2020.  Areas that FEMA has specified qualifying for this extension are: Davidson, Putnam, and Wilson counties.

Other tax filing as well as payment deadlines are being postponed, offering relief to those trying to rebuild from the storm’s destruction.  This includes quarterly payroll and excise tax returns. Penalties on payroll and excise tax deposits with a March 3, 2020 through March 18, 2020 deadline will be abated if the deposits are made by March 18, 2020.

Please visit the IRS disaster relief page for continuing up-to-date details as they emerge.

 

 

UNEMPLOYMENT WEEKLY CLAIMS REPORT W/E FEBRUARY 29, 2020

The Unemployment Insurance Weekly Claims report for the week ending February 29,  2020 has been released by the Department of Labor.

  • Seasonally adjusted initial claims: 216,000
  • 4 week moving average: 213,000
  • Seasonally adjusted insured unemployment rate: 1.2%
  • Seasonally adjusted insured unemployment number: 1,729,000
  • 4-week moving average: 1,721,250
  • Number of unadjusted claims: 217,608
  • Unadjusted insured unemployment rate: 1.4%
  • Unadjusted number claiming UI benefits: 2,100,788

The full news release report can be downloaded here.

 

UNEMPLOYMENT WEEKLY CLAIMS REPORT W/E FEBRUARY 22, 2020

The Unemployment Insurance Weekly Claims report for the week ending February 22,  2020 has been released by the Department of Labor.

  • Seasonally adjusted initial claims: 219,000
  • 4 week moving average: 209,750
  • Seasonally adjusted insured unemployment rate: 1.2%
  • Seasonally adjusted insured unemployment number: 1,724,000
  • 4-week moving average: 1,729,250
  • Number of unadjusted claims: 199,093
  • Unadjusted insured unemployment rate: 1.4%
  • Unadjusted number claiming UI benefits: 2,063,550

The full news release report can be downloaded here.

 

 

FLSA JOINT EMPLOYER RULE

It has been over 60 years since the Fair Labor Standards Act has been updated regarding joint employer status. A final ruling providing more consistency in court decisions on the matter has been made today which clarifies FLSA joint employer status and may therefore reduce litigation costs that often arise from employer nonconformity. This final rule will go into effect 60 days after the date of publication.

The Wage and Hour Division has developed the following four‐factor balancing test to determine FLSA  joint employer status, asking whether the employer does the following:

  • Hires or fires the employee;
  • Supervises and controls the employee’s work schedule or conditions of employment to a substantial degree;
  • Determines the employee’s rate and method of payment; and
  • Maintains the employee’s employment records.

Additionally, the final rule adds clarity to contractual agreements with the employer, business practices that may or may not create a joint employer status, as well as other situations determining the status.

Learn more about the rule here.

UNEMPLOYMENT WEEKLY CLAIMS REPORT W/E FEBRUARY 8, 2020

The Unemployment Insurance Weekly Claims report for the week ending February 8, 2020 has been released by the Department of Labor.

  • Seasonally adjusted initial claims: 205,000
  • 4 week moving average: 212,000
  • Seasonally adjusted insured unemployment rate: 1.2%
  • Seasonally adjusted insured unemployment number: 1,698,000
  • 4-week moving average: 1,726,750
  • Number of unadjusted claims: 218,977
  • Unadjusted insured unemployment rate: 1.4%
  • Unadjusted number claiming UI benefits: 2,083,084

The full news release report can be downloaded here.

 

UNEMPLOYMENT WEEKLY CLAIMS REPORT W/E FEBRUARY 1, 2020

The Unemployment Insurance Weekly Claims report for the week ending February 1,  2020 has been released by the Department of Labor.

  • Seasonally adjusted initial claims: 202,000
  • 4 week moving average: 211,750
  • Seasonally adjusted insured unemployment rate: 1.2%
  • Seasonally adjusted insured unemployment number: 1,751,000
  • 4-week moving average: 1,742,250
  • Number of unadjusted claims: 224,448
  • Unadjusted insured unemployment rate: 1.5%
  • Unadjusted number claiming UI benefits: 2,142,856

The full news release report can be downloaded here.