Arizona will issue $200 million in bonds to repay their Title XII loan and the remaining interest. Employers will pay at a 0.6% FUTA tax rate for 2013 on the first $7,000 each employee was paid. Had Arizona not repaid this debt, employers would have paid 1.2% on the first $7,000 each employee was paid.

A decision will be issued shortly regarding the FUTA Credit Reduction for Georgia, Indiana and South Carolina. If granted, all three employers would pay FUTA taxes at a 0.6% rate on the first $7,000 of wages paid. Indiana and South Carolina are in their fifth year of holding an outstanding Title XII loan. The BCR (Benefit Cost Reduction) could be triggered if the request is not approved. Employer of South Carolina could have an additional rate of 1.4%added to the FUTA tax rate for 2013. Indiana could be assessed an additional 1.0% added to the FUTA tax rate.

Colorado will increase their taxable wage base from $11,300 (2013) to $11,700 for 2014. The bond assessment for 2013 will be the gross wages multiplied by 0.001470. Employers are assessed annually. Employers that are exempt from the assessment are state government, political subdivisions, employers with zero benefit charges, employers with a reserve ratio greater than or equal to 7.0% and reimbursing employers.

In 2012, Kentucky passed legislation that allowing the state to use commercial means to repay their Title XII loan. Kentucky will assess employers a 0.22% surcharge which will be added to the 2014 tax rates. The taxable wage base will increase to $9600.

Montana will increase their taxable wage base to $29,000 beginning January 1, 2014, and ending December 31, 2014. The 2014 rates should be mailed by mid-December, 2013.

Nevada issued their quarterly contribution returns for the third quarter of 2013 with an incorrect taxable wage base shown on the form. Please continue to calculate the taxable wage base of $26,900.

Oklahoma has issued their 2014 unemployment tax rate notices. Oklahoma based their rate schedule on a State Factor of 41% which represents a decrease in rate for most employers. Last year the State Factor was 47%. The rates will range from 0.2% to 7.3%. The taxable wage base decreased from $20,100 to $18,700. Oklahoma indexes their rate schedule and their taxable wage base each year. This allows Oklahoma’s trust fund to recover quickly during a downturned economy.

Washington has determined that corporate officers are exempt from Unemployment Taxes. This reverses a determination made in 2009. This does not mean that FUTA wages for officers are not reported. The FUTA legislation is at a federal level which is not controlled by any state. Also exempt are fishing boats with less than ten people as the crew, newspaper vendors, carries or delivery personnel and freelance new correspondence or stringers. If it is elected that the employer desires to pay contributions on these employees, Form EMS 5203 (Voluntary Election for Unemployment for Unemployment Insurance coverage) must be completed and sent to the state.

Wisconsin employers will continue to pay at the highest schedule available (Rate Schedule A) with rates ranging from 0.27% to 9.8% for small employers and employers with wages over $500,000 the rates will range from 0.7% to 9.80%. The taxable wage base will remain at $14,000 for 2014. Small new employers will pay at a standard rate of 3.6%. New employers with wages greater than $500,000 will pay at a standard rate of 4.1%. All new employer construction companies will pay at a rate of 6.6%.


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