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 Massachusetts State Tax Rates and Who Pays in 2023

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hi I'm max Smith with 501c services and today I'm going to review the Massachusetts state unemployment insurance tax rate notice this lovely form right here if you're an employer in the Commonwealth of Massachusetts you're gonna receive this notice every January from the state and when you do there's certain fields on the form that you want to monitor because they can change from year a year of course the first thing you're looking for on a tax rate notice is the tax rate but guess what it's not exactly labeled on the form what your tax rate is you actually have to do some of your own math now if you take your notice you go down the line of numbers given and you go all the way to the bottom you're going to see four percentages the middle two percentages are your tax rate you add those two percentages together that's your total tax rate now the second number on the form you want to monitor from year to year your tax

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