Navigating Unemployment Tax Rates for 2020

Contributed by guest blogger:

Carol Gabrielsen, Founder and Owner Unemployment Consultants, Inc

2020 Rate Determination

On December 2, 2019, IDES (Illinois Department Of Employment Security) will be notifying Illinois Employers of their 2020 Rate Determination.  The Employer can also go to their account at mytax.illinois.gov and get the Rate Determination from that portal.

It is important that each Employer verifies the rate as assigned within the 15 day protest time limit.  The final numbers for calculation of the 2020 Rate Determination will not be released until the 2020 Rate Determination is mailed. 

The average 2020 Rate Determination is expected to be reduced.

UNEMPLOYMENT CONSULTANTS, INC, would like to help reduce the Unemployment Taxes for your business.  Call CAROL GABRIELSEN at The factors that determine the Employers Rate are the State Experience Factor and the Fund Building Tax.  We have the estimated figures to be used in the calculation of the 2020 Rate Determination.

(847) 670 --0590 or visit our website at: unemploymentconsultantsinc.com.