{"id":10443,"date":"2014-11-03T09:51:56","date_gmt":"2014-11-03T14:51:56","guid":{"rendered":"http:\/\/www.kevinbryant.com\/?p=10443"},"modified":"2014-10-31T14:19:55","modified_gmt":"2014-10-31T19:19:55","slug":"dew-tax-cut-coming-for-employers","status":"publish","type":"post","link":"https:\/\/www.kevinbryant.com\/kbarchive\/dew-tax-cut-coming-for-employers\/","title":{"rendered":"dew: tax cut coming for employers!"},"content":{"rendered":"

\"dew\"<\/a>DEW Releases 2015 Unemployment Insurance Tax Rates
\n<\/strong>Businesses will realize nine percent reduction over 2014 tax rates<\/em><\/strong><\/p>\n

COLUMBIA–The SC Department of Employment and Workforce (DEW) announces the release of the 2015 unemployment insurance tax rates. The 2015 tax rates represent a nine percent reduction over 2014 tax rates. Overall, South Carolina businesses will see that tax rates are approximately 20 to 25 percent lower for 2015 as compared to 2011 taxes when the new structure was implemented.
\nRate reductions are a direct result of the state\u2019s economy improving, businesses employing more than two million South Carolinians, DEW dramatically lowering benefit payouts, and legislative and DEW policy changes to restrict benefits to individuals who lost their job through no fault of their own.
\n\u201cThe economy continues to improve, South Carolinians continue to find work and tax rates continue to decline,\u201d said DEW Executive Director Cheryl M. Stanton. \u201cThis is truly a testament to the efforts of our state\u2019s business community and workforce development. Because of its hard work, the UI trust fund is on a path to solvency in 2015.\u201d
\nFor the second year in a row, businesses should receive their individual tax rate notices during the first week of November, six months before their first tax payment is required. Wage and Contribution reports are due by\u00a0April 30, 2015<\/span>, and these tax rates apply to the first $14,000 earned by each employee.
\nTo date, South Carolina has repaid approximately $700 million of the $977 million borrowed from the federal government. The outstanding balance on the loan is $270 million, and the state is still scheduled to repay the loan in full by the end of 2015.
\n###<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

DEW Releases 2015 Unemployment Insurance Tax Rates Businesses will realize nine percent reduction over 2014 tax rates COLUMBIA–The SC Department of Employment and Workforce (DEW) announces the release of the 2015 unemployment insurance tax rates. The 2015 tax rates represent a nine percent reduction over 2014 tax rates. Overall, South Carolina businesses will see that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":{"0":"post-10443","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2gEQ0-2Ir","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts\/10443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/comments?post=10443"}],"version-history":[{"count":1,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts\/10443\/revisions"}],"predecessor-version":[{"id":10444,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/posts\/10443\/revisions\/10444"}],"wp:attachment":[{"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/media?parent=10443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/categories?post=10443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kevinbryant.com\/kbarchive\/wp-json\/wp\/v2\/tags?post=10443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}