Each year, typically in November or December, your state tax agency will assign a new State Unemployment Insurance (SUI) tax rate for your company. To update this rate, ensure you have completed processing all payrolls for the current year. The new rate will take effect on or after January 1 of the upcoming tax year.
Updating the SUI Rate
- Expand Setup and click Documents.
- Locate your state tax agency from the list.
- Click Resubmit.
- Verify that your Tax Account ID is correct.
- Update the tax rate on the form.
- Click Go to Signing to obtain the required authorized signatures.
Once completed, the new SUI tax rate will be applied to the next payroll you process. Please note that the new rate will not affect any previously processed payrolls.