How SUI and State Income Taxes Affect Small Businesses
CPA Practice
JULY 12, 2023
In Alaska, New Jersey, and Pennsylvania, both employers and employees contribute to the fund, with the employee’s portion of SUI deducted from their paychecks. They need EINs to set up an account with the unemployment office to file and remit SUI taxes. In all but three states, only employers contribute to SUI. What is SIT Tax?
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