Tag Archive: RI Employers

RI Employers to Pay More Due to FUTA Credit Reduction

Written by January 16, 2013

Rhode Island employers will have to pay more in federal unemployment insurance tax than they otherwise would come January 31, 2013. It’s because the state still owes on money it had borrowed from the federal government a few years ago to help pay benefits to the unemployed. The federal unemployment insurance tax, also known as FUTA, is generally 6 percent...