State Unemployment Update - Late July
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 Asses