Mar 5, 2009 | Legislative
A measure that would relieve Michigan businesses from paying the unemployment insurance “solvency tax” was passed unanimously in the House Thursday. According to analyses, the legislation would save businesses $35 million for interest owed by the state to the federal...
Nov 21, 2008 | Membership
Recently, several MITA members received letters from the MI Unemployment Insurance Agency notifying them that a “solvency tax” would be added to their 2009 unemployment tax rate due to a negative balance in the state’s Unemployment Trust Fund. Employers, who have...
