Managing employees incurs significant responsibilities, including running payroll. A crucial aspect of managing your team’s payroll is ensuring that you withhold the appropriate federal and state taxes—particularly state unemployment tax in Virginia, commonly referred to as SUTA tax. Do you handle payroll on your own or use an outsourced payroll provider? Either way, understanding your SUTA tax and how it’s calculated is essential for compliance and avoiding potential penalties.
For better understanding, click here: https://www.wizxpert.com/state-unemployment-taxes/
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