AUGUST 2025 UPDATE

2026 Tax Year Begins!!

New Jersey – Issued their 2025/2026 Tax Rates on August 22 based on Rate Schedule “C” for this upcoming Fiscal Year.  Rates will range from 0.50% to 5.80%. 

Tennessee – Issued their 2025/2026 Tax Rates on August 14 based on Rate Table “6” for this upcoming Fiscal Year.  Rates will range from 0.01% to 10.00%. 

Vermont – Issued their 2025/2026 Tax Rates on June 25 based on Rate Schedule “1” for this upcoming Fiscal Year.  Rates will range from 0.40% to 5.40%. 

We anticipate the remaining “Fiscal Year” state of New Hampshire to issue their tax rates shortly.

State Website Update:

As states continue to modernize their Unemployment Tax Websites, ValeU Group will continue monitor and provide updates on changes that may impact employers.  Should you have any issues or require further information, please reach out to us at uitaxinfo@valeugroup.com with any questions.

2026 Taxable Wage Base Update

7 states have confirmed the 2026 Taxable Wage Base for employers.

FUTA UPDATE – 2025

California currently has an outstanding FUTA Title XII Loans for 2025 and should they fail to pay back the loans by November of 2025, employers will have to pay an additional 1.20% on employees reported in CA retroactively to January 1, 2025.

1.    Employers have until January 31, 2026 to pay the additional 1.20% on employees in CA.

2.    The Additional 1.20% results in an estimated increase of $84 per employee for 2025 (1.20% * $7,000 FUTA Wage Base).

Total FUTA Rate will be 1.80% in CA for 2025. Virgin Islands would be 5.10%