Dear Valued Customer,
In this issue of “————————” we seek to clear up a few things regarding unemployment insurance.
When an employee finds themselves out of work, then under certain circumstances, they can collect unemployment benefits. The state disburses these funds to the individual on behalf of their previous employer. So who pays for this unemployment insurance? Do you need to purchase an unemployment insurance policy? As a small business owner, what do you need to do to cover your employees?
And, from the employees perspective, is this income considered taxable, and how do I report it? Key pieces of information disseminated here.
We appreciate your continued business and look forward to serving you.