In the wake of the COVID-19 outbreak, federal and state governments have provided the country with several waves of relief for employers, including nonprofits, to help ease the burdens caused by the pandemic. New programs will affect nonprofit employers by imposing upon them new obligations towards their employees and by providing them with benefits to …
Posts Tagged: unemployment insurance taxes
To Pay or Not to Pay
Does your nonprofit pay unemployment insurance (UI) taxes? Well it should. Although nonprofits are not required to pay state or federal UI taxes, if a nonprofit that hasn’t paid its UI taxes has an unemployment claim, it is obligated to reimburse the government in full for the former employee’s claim. So while saving on these …
