28 Jun Unemployment Insurance Tax Refund Headed Your Way

As a result of the state's unemployment insurance system collecting more than it needs to remain solvent, a bill was signed into law this year that will provide payroll tax relief of $258 million in the unemployment insurance system. Most employers will receive a credit on their 2016 unemployment insurance premium totaling approximately 40 percent. Notices are being mailed from the Department of Employment and Economic Development and will be arriving soon.