Employers Beware: Potential SUI Taxable Wage Increases

Even though most states have released their 2012 state unemployment insurance (SUI) taxable wage bases, employers should be wary of changes later this year and into 2012.

Between low UI trust fund balances and economic concerns about employer taxes, some states may be forced to alter their taxable wage bases in the coming months. The President's proposals for economic reform, including raising the FUTA taxable wage base in 2014, could also have an effect on state taxable wage bases down the road.

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