IRS Announces 2025 Mileage: Business Drivers See Increase
Drivers who rely on vehicles for regular business use will see a slight increase in deductible mileage rates in 2025.
The 2024 Minnesota unemployment insurance tax rate determinations have now been sent out by the U.S. mail or can be found online in your correspondence tab when logged in on the MNUI System. In 2024, the first $42,000 of wages you pay to each employee is taxable for MN unemployment insurance. The base tax rate is 0.10% and can go up to a maximum of 8.90% based of your experience rate.
There are no additional assessments for 2024.
We recommend employers review their annual tax rate determination notices to plan for additional taxes.
Employers can log in to view their tax rates and use the optional calculator tools available in their employer portal. Please visit https://www.uimn.org/ to login.
Drivers who rely on vehicles for regular business use will see a slight increase in deductible mileage rates in 2025.
After nearly a year of advocacy and lobbying, the Federal Disaster Tax Relief Act, introduced by Representative Gregory Steube (R-FL), passed both...
Updated January 2, 2025: On December 26, the Fifth Circuit Court of Appeals reinstated a Texas District Court’s injunction against the Corporate...