Tag: Unemployment Benefits
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Unemployment Benefits Assessed: Montana Ranks 20th
Montana has the 20th best structured Unemployment Insurance (UI) tax in the nation, according to the Tax Foundation in its examination of the five major components of the 2020 State Business Tax Climate Index. Montana has hovered at about the same level over the past four years. The states with the best-scoring UI tax systems…
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Federal Overtime Rule Rules
At the beginning of the year, small business owners must begin complying with changes in the federal overtime rule. The minimum salary for the overtime exemption will rise from $23,660 annually to $35,568 annually. That means employers have to pay time-and-a-half for executive, administrative, or professional employees who make less than $35,568 for any work…