• ValeU Group

Massachusetts The state has finally revised their 2021 Tax rates and they will be available online July 26th. The revised 2021 Tax Rates reflect the removal of all COVID-19 Charges from the state solvency fund. Employers should see a significant reduction from their original Tax Rates issued in April of 2021.


In order to offset the removal of the COVID-19 charges from the solvency fund, the state has created the COVID-19 Recovery Assessment Rate. The COVID-19 Recovery Assessment rate will be in addition to the Employers SUI Rate and will range from 0.099%(Minimum Rate Employers) to 1.509%(Maximum Rated Employers).


As a reminder the state will not be issuing any refunds as a result of the revised rates and all overpayments must be used as credit.

New York – Recently announced that in addition to removing all Benefit Charges after March 9th, 2020 from employers’ accounts when calculating the 2021 SUI Tax Rates, the state will remove all Benefit Charges for the 2021 Calendar Year when calculating the 2022 SUI Tax Rates. This should keep most employers’ 2022 SUI Tax Rates below 2021 levels.


In addition, the state will not be mailing Benefit Charge Statements and encourages employers to visit https://dol.ny.gov/online-services-employers-0 if they would like to obtain a copy of the charge notices.

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  • ValeU Group

Updated: Jul 23

Nevada The state announced on June 15th that they will exclude all benefit charges for employers(both Contributory and Reimbursable) for the 2020/2021 fiscal tax year. Nevada had already excluded the 2nd Quarter 2020 Benefit Charges for employers when calculating the 2021 SUI Tax Rates.

Texas – The state has finally issued their 2021 SUI Tax Rates and anticipates sending all rates out by the end of the 1st week of July. Per the state the rates listed on the rate notices are correct, however, there were issues with the 2nd Page of the rate notices that will be corrected after July 2nd(on the state website). As a reminder payments for the 1st quarter are due by August 2, 2021. In addition Voluntary Contributions are not permitted for 2021.

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  • ValeU Group

Updated: Jul 23

Florida The state has begun to issue refunds to employers this month as a result of Revised Rates that were issued at the end of April. The state anticipates processing up to 4,000 refund checks a day. ValeU Group is working with the state to make sure our clients receive their available refunds.

Massachusetts – On May 28th, the Governor signed legislation that removes all Covid-19 related benefit charges between March 10, 2020 to August 1, 2021 from a key component of an Employers Tax Rate Calculation(Solvency Rate). As a result, the state will be issuing revised rates in late July to all employers retroactive to the 1st quarter 2021. This should result in considerably lower tax rates for most employers for not only 2021, but 2022 as well. The state will not be issuing refunds as a result of these rate revisions, so employers are advised to use any overpayments as credit towards future SUI contributions. ValeU Group will work with our Clients and the state to make sure all available credits are secured.


New Mexico – The state has also issued revised rates to employers as a result of removing the 2nd quarter 2020 Benefit Charges and Taxable Wages due to provisions under the Small Business Recovery Act of 2020. New Mexico estimates that out of the 50,000 employers in their state, over 9,000 employers will see a rate reduction for 2021, and approximately 2,000 employers will be issued an increased tax rate. ValeU Group will work with the state to make sure our clients receive their available refunds and notify our Clients of any major increases.

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