State Unemployment Tax Act (SUTA) rates are typically based on:
Correct Answer
B) The contractor's unemployment claims experience
SUTA rates are experience-rated, meaning they are based on the employer's history of unemployment claims. Companies with higher turnover and more unemployment claims pay higher SUTA rates.
Why This Is the Correct Answer
SUTA rates are experience-rated, meaning they are based on the employer's history of unemployment claims. Companies with higher turnover and more unemployment claims pay higher SUTA rates.
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