Twelve states offer a Joint Account option for employers who have multiple accounts in their state. Each of these states provides specific rules and guidelines to allow the formation of a joint account. When a Joint Account is formed, the state combines the experience of two or more entities for rating purposes. This does not merge the accounts legally nor does it relieve the employer from reporting separately for each state account number in the given state.

Most Joint Account states have a minimum duration that the employer must remain in the Joint Account. For example, the New York the Joint Account must exist for three calendar years, but New Jersey Joint Account is for three rate years. Dissolution of the Joint Account can only occur when the duration is met. In California, the Joint Account can never be dissolved unless a sale occurs of one of the entities. Hawaii and Ohio permit dissolution at the end of the year. Careful analysis reviewing the account combination for the minimum duration is necessary. Other account entities may be added to the Joint Account after the duration is met. Listed below is a chart reflecting information regarding Joint accounts.

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(click on the chart to enlarge)

Joint Accounts – the combined UI tax experience of a joint account is an option to employers having two or more companies in the same state, often with common ownership, but not always. Arkansas, Missouri, New York, and West Virginia do not require common ownership.

Corporate Cost Control evaluates each state before the deadline listed on the above chart. If we determine there is a saving for our client, a conference call is scheduled to discuss the all of the options for the formation of a joint account as well as the dissolution of an existing Joint Account to obtain future tax savings. Several states providing the Joint Account option also provide a Voluntary Contribution option. Corporate Cost Control analyzes the Voluntary Contribution option, if permitted by the state, separately and then also evaluates the voluntary contribution option based on the combined Joint Account.
Currently, Arizona and New York Joint Accounts are being evaluated. Your tax analyst will notify you of any tax savings recommended for these states.
If you have any questions, please contact your CCC Tax Analyst.


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