Wisconsin Independent Business
Advocating for Wisconsin Small Independent Businesses

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Unemployment Insurance - Changes on the Way

Recent developments regarding Unemployment Insurance warrant the attention of small, independent businesses. Here’s a rundown of the changes.

One-Week Waiting Period for State UI Benefits

Effective January 1, 2012, all UI benefit claimants will be subject to an unpaid waiting period during the first week of each new unemployment benefit year for which the claimant both files a claim and is otherwise eligible for regular (state) UI benefits.

Special Assessment for Interest on Outstanding Federal Loans

In early August, 2011, Wisconsin employers with taxable payrolls for calendar year 2010 greater than $25,000 will be billed to make the federally required interest payment on an outstanding UI Trust Fund loan. The payment, due in September, 2011, will be calculated as a fixed rate multiplied by the employer’s 2010 calendar year taxable payroll.

For affected employers who pay quarterly taxes, the estimated assessment rate will be 0.2%. For employers who reimburse the Wisconsin Department of Workforce Development (DWD) for UI benefits paid on their behalf, the estimated assessment rate will be 0.15%.

 

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News of the Day - 1/27

Businesses Boost Durable Goods

A rebound in business spending on machinery and equipment lifted orders for long-lasting manufactured goods in December, offering more evidence that the economy is gaining momentum at the start of the year.

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Get in Touch

Get in touch with a member of our team today. Quick information below, otherwise link over to our Contact page for more information.

122 West Washington Avenue, Suite 650

Madison, Wisconsin 53703

1-800-362-9644 (Toll-free Hotline)

608-255-6600 FAX