Ohio unemployment tax rates are to increase for 2021 because a mutualized tax is to be in effect, the state Department of Job and Family Services said Nov. 2.
Effective Jan. 1, 2021, the mutualized tax rate is to be 0.5% and is to be added to experienced employers’ unemployment tax rates, the department said on its website. The mutualized tax, which is not in effect for 2020, is to be in effect because unemployment benefits related to the coronavirus outbreak were charged to the mutualized account instead of to individual employers.
Total unemployment tax rates for experienced employers ...
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