In a recent new release, The Michigan Unemployment Insurance Agency announced that beginning in the third quarter of 2015, Michigan employers will pay less in unemployment taxes. This is due to a reduction in the state’s Taxable Wage Base (from $9,500 to $9,000).
According to Governor Rick Snyder, this reduction will benefit employers, families, and the economy, because allowing businesses to save money will grant them the ability to retain jobs, expand opportunities, and hire more employees.
For more information on the Taxable Wage Base decrease, please visit the referenced article, visit the UIA website, or contact Terry Maycroft at (231) 726-5825 or tmaycroft@brickleydelong.com.