As you are aware, we are right around the corner from state agencies issuing your 2023 unemployment tax rate assignments. With that in mind, we wanted to send a friendly reminder to resolve any outstanding contributions and/or missing contribution reports. In many states, failure to resolve these delinquencies may result in a penalty rate assignment for the year. For example, the state of Florida will assign a delinquent employer the maximum rate of 5.40% while the state of Pennsylvania simply adds a 3.00% penalty rate for the year.
Thomas & Company’s standard practice is to protest any penalty rate assignments to maintain your appeal rights with the state agency. However, in some cases, the deadline to resolve delinquent contributions or reports that led to a penalty rate assignment has passed by the time rate notices are issued to employers. To be safe, we recommend resolving all delinquencies as soon as possible to avoid potential penalty rate assignments.
Lastly, if you receive any unemployment tax rate notices directly at your office, please forward a copy to [email protected]. If you have any questions, feel free to contact your dedicated UI tax analyst.
