{"id":2138,"date":"2014-07-29T15:12:35","date_gmt":"2014-07-29T15:12:35","guid":{"rendered":"http:\/\/www.ua-cpas.com\/?p=2138"},"modified":"2014-07-29T15:12:35","modified_gmt":"2014-07-29T15:12:35","slug":"nj-employers-reduce-unemployment-tax-rates","status":"publish","type":"post","link":"https:\/\/www.ua-cpas.com\/blog\/index.php\/2014\/07\/29\/nj-employers-reduce-unemployment-tax-rates\/","title":{"rendered":"NJ Employers-Reduce Your Unemployment Tax Rates-August Deadline"},"content":{"rendered":"

Did you check your NJ SUI rates?<\/strong><\/span>
In July all New Jersey employers received a Notice of Employer Contribution Rates. This is not a bill, but rather a summary of the manner<\/p>\n

in which the NJ Department of Labor calculates your employer contribution rate for unemployment and\u00a0 disability. This form enables you<\/p>\n

to determine whether a voluntary\u00a0 contribution would save you money in the subsequent year.<\/p>\n

Can I reduce the NJ SUI rate?<\/span>
<\/strong>A voluntary contribution increases the reserve balance and may reduce your contribution rate. Each employer should calculate the amount <\/span><\/p>\n

of the voluntary contribution required to reduce the rate. The required voluntary payment should be compared to the savings realized from a lower rate.<\/span><\/p>\n

The unemployment expense is a substantial component of the labor cost of staffing agencies. You should give it careful attention. If you wish to make a<\/span><\/p>\n

voluntary contribution to your reserve balance you have 30 days from the date of your notice to do so. We recommend that you verify all the NJ DOL <\/span><\/p>\n

calculations including the amount of the employer contributions and the benefits charged to your account. Report any discrepancies to the NJ Dept. of Labor.<\/span><\/p>\n

By making a voluntary payment, employers may reduce the NJ SUI rate for the coming year. Please be aware that this payment increases your reserve <\/span><\/p>\n

balance and helps reduce the NJ SUI rate in future years as well.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

NJ Employers can Reduce their NJ Unemployment Rates by making a Voluntary Payment- the Deadline is August 19, 2014<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,14,39,20,24,23],"tags":[156,167,189],"class_list":{"0":"post-2138","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-small-business-forum","7":"category-medical-practices","8":"category-payroll-taxes","9":"category-staffing-agencies","10":"category-taxes-medical-practices","11":"category-taxes","12":"tag-nj-unemployment-rate","13":"tag-payroll-taxes","14":"tag-staffing-agencies-2","15":"entry"},"_links":{"self":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=2138"}],"version-history":[{"count":0,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2138\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=2138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=2138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ua-cpas.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=2138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}