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How Increasing UI Claims Will Impact Your UI Tax Rate

A common misconception is that because of the Federal and State Unemployment Tax Acts (FUTA and SUTA, respectively), employers have no control over how much their pay in unemployment insurance. Not only is this incorrect, but it can also potentially cost a company thousand to millions of dollars in overpayments. It’s time to learn more about your tax rate and what you can do to have some control. Read more