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Biz Feel Blindsided by New UI System Costs - Banker & Tradesman

Select Page Biz Feel Blindsided by New UI System Costs By State House News Service | Apr 13, 2021 | Reprints | Print With some Massachusetts businesses facing sudden and sharp unemployment tax increases just weeks after implementation of a new law aimed at limiting their costs, a top lawmaker wants Gov. Charlie Baker to intervene with a legislative fix. Sen. Patricia Jehlen, co-chair of the legislature’s Labor and Workforce Development Committee, said Monday that she was surprised as were many small businesses and industry groups to hear reports about employers who now face greater-than-anticipated unemployment contributions because of an unexpected jump in the solvency fund assessment.

Massachusetts businesses push back against ballooning unemployment taxes following COVID-related claims

Massachusetts businesses push back against ballooning unemployment taxes following COVID-related claims Updated 6:15 PM; A growing number of Massachusetts business owners who took solace in the passage of a bill promoting an unemployment tax rate freeze during the COVID-19 pandemic are sounding the alarm after seeing massive increases in their employee contribution rate on their state tax notices. The Retailers Association of Massachusetts circulated a letter to Gov. Charlie Baker and lawmakers urging them to find a fix to close a $4 billion-plus deficit the state Unemployment Insurance Trust Fund faces by the end of the year. RAM President Jon Hurst, Massachusetts Restaurant Association President Bob Luz and 17 chamber leaders signed onto the letter.

Tourism, Hospitality Sectors Appeal for More State Help

Tourism, Hospitality Sectors Appeal for More State Help
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