What’s it worth?

January 11, 2008

Just in the last week, firms operating in Pennsylvania received their new Unemployment Tax Rate notices in the mail…….. Happy New Year!

 What is your new rate? 

Many people don’t realize it but Unemployment is the 2nd highest employer mandated tax.

Mistakenly, it is taken as just another cost of doing business.

 The whole Unemployment process can be likened to having a checkbook with the State.

  • The State tells you what your rate is.
  • The State tells you how much money you should be depositing in this account over the next year.
  • The State tells you how much they have taken out of your account to pay claims.

 Who is holding the State accountable that the rate is correct?

 Who is holding the state accountable that the claim amount taken from your account is correct? 

That is what we do!

The national average for overpaying Unemployment Claims is 9.5%, in some states it is over 25%.

Maybe this is something you should be keeping an eye on?

This is just not another cost of doing business. 

Did your rate increase?

I was speaking to a prospective client the other morning. They told me their Unemployment rate went up 2%. Doesn’t sound like much?

Well 2% to this small company means an additional $24,000 in Unemployment taxes for the next year.

How much additional revenue will be needed to cover this cost?

Stop the runaway train! Start asking questions!

Is your current unemployment rate correct?

Why not ask us?

We will do a no cost analysis of your current rate.

We have a 90% success rate reducing unemployment cost and getting refunds for overpayments.

 You may fax your current rate notice to our office 856-857-1233 for a no cost analysis of your current rate. 

Call 856-857-1230 or email us george@hbsadvantage.com to discuss your current unemployment rate. 

Hutchinson Business Solutions…Your Business Tax Advocate.

Our clients do not overpay taxes!