Payroll Vocabulary Explained

We break down payroll’s complex terms from A to Z for easy understanding.

Unemployment Insurance Tax

Unemployment tax is a type of payroll tax that helps fund unemployment benefits for eligible workers who lose their jobs. These taxes exist at both the federal and state levels.

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Unemployment Insurance (UI)

Unemployment insurance is a state-operated program guided by regulations from the U.S. Department of Labor. It offers short-term financial assistance to individuals who lose their jobs through no fault of

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