The Obama administration is expected to propose a way for states to raise more money in payroll taxes to pay for the cost of unemployment insurance.
State unemployment trust funds would be able to raise the amount of wages subject to unemployment taxes from companies, from $7,000 to $15,000, starting in 2014, according to The Wall Street Journal.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access