ilmscore | Prediction Details
"generally you're talking about state unemployment tax is about 200 to 500 dollars a year however depending on the states a lot of states that cost drops down to as low as $30 a year or $50 a year per employee per person if you have a good record of not laying your employees off so it's long as you don't lay yourself off but usually you need to build a track record of about three years for that unemployment cost to be reduced so from your year one and subsequent years until you reach that point expect to pay state unemployment taxes which is an employer tax on yourself for about two hundred to five hundred dollars annually"
By ClearValue Tax | November 20, 2019 | Pending
From video
S Corp Disadvantages That Can Harm You - 6 Drawbacks You Need to Know. 00:08:46 - 00:09:30
Interpreted Prediction
In the first year and subsequent years until a three-year track record is established, state unemployment taxes for an S Corp employee typically range from $200-$500 annually, potentially dropping to $30-$50 in some states with a good employment record.

Prediction Details

Topic
State Unemployment Taxes for S Corps

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