Tag: Unemployment Insurance Taxes
State Leaders Should Use Budget Surplus to Restore Tax Incentives, Repay UI Debt
Only 18 months ago, expecting a massive pandemic-induced collapse of economic activity, California finance officials predicted a staggering $54 billion state budget deficit. The...
Unemployment Fund Insolvency Will Lead to Payroll Tax Increases
With the legislative frenzy complete for the year, Sacramento’s policymakers are turning their eyes toward next year’s budget and their next round of legislative...
Legislative Action Can Avert Tax Hike on State Employers
Like the rest of California society, employers are cautiously hopeful the worst of the pandemic has passed. The wreckage of human life, family health,...
State Must Act Now to Pay Down Unemployment Insurance Debt
This pandemic created unprecedented unemployment, which was not only devastating to thousands of Californians and their families, but also drained the state’s unemployment insurance...
Legislature Passes Budget, Clearing Way for Real Negotiations
The Legislature fulfilled its constitutional obligation this week by approving a state budget just ahead of the June 15 deadline. But meeting the formal...
Rising Payroll Taxes Coming to Shore Up California’s Pandemic-Depleted UI Fund
As the 2021 crop of legislation is coming into form and moving through legislative committees addressing a range of topics, one topic is conspicuously...
Legislature, Governor Must Act to Prevent California Employers from Paying for EDD’s Mistakes
Whenever something goes wrong—whenever something is lost or damaged—the question is always the same: who gets stuck holding the bag? And we all know...
Unemployment Insurance Trust Fund Status
California appears to be on track to repay its unemployment insurance (UI) fund debt to the federal government by the end of the year.
The...
Reminder: Law Requires Electronic Filing/Payment of Payroll Taxes
The California Chamber of Commerce is reminding employers with 10 or more employees that they are required to electronically submit employment tax returns, wage...
Employers Must Begin Electronic Filing of UI Taxes, Payroll Tax on January 1
Beginning January 1, 2017, employers with 10 or more employees will be required to electronically submit employment tax returns, wage reports, and payroll tax...
