Missouri Unemployment Compensation: What you need to know

Virtually all employers are subject to unemployment insurance taxes under the Missouri Employment Security Law (MO Rev. Stat. Sec. 288.010 et seq.). For example, coverage extends to organizations that:
For a Limited Time receive a FREE HR Report on the "Critical HR Recordkeeping”.  This exclusive special report covers hiring records, employment relationships, termination records, litigation issues, electronic information issues, tips for better recordkeeping, and a list of legal requirements.  Download Now
• In either the current or preceding calendar year, employed one or more people in each of 20 different weeks or paid wages of at least $1,500 in any quarter;
• Are subject to the Federal Unemployment Tax Act (FUTA);
• Are agricultural employers and employed 10 or more workers in each of 20 weeks or paid $20,000 in wages in any quarter of the current or preceding calendar year; or
• Employed domestic workers and paid wages of $1,000 or more in any quarter of the current or preceding calendar year (MO Rev. Stat. Sec. 288.032 and MO Rev. Stat. Sec. 288.034).
Employers not subject to the tax may elect to voluntarily provide coverage for employees.
The law excludes certain services from coverage, including, for example, services provided by:
• Students working for schools, colleges, or universities;
• Students working for work-study programs;
• Spouses of students working for the school;
• Real estate and insurance salespersons;
• Direct salespersons paid solely by commission;
• Certain newspaper distributors; and
• Services of a full-time student at a summer camp for less than 13 weeks (MO Rev. Stat. Sec. 288.034).
Taxable wage base. The taxable wage base is determined each year. For the current taxable wage base, visit http://labor.mo.gov/DES/Employers/tax_rates.
The term “wages” includes:
• Commissions and bonuses;
• Reported tips;
• Vacation and holiday pay; and
• The cash value of noncash remuneration (MO Rev. Stat. Sec. 288.036).
Rates.. Tax rates vary from year to year. To find the ...

>> Read more about Unemployment Compensation

Related Topics

More on this topic:

State Requirements

National | Alabama | Alaska | Arizona | Arkansas | California | Colorado | Connecticut | Delaware | District of Columbia | Florida | Georgia | Hawaii | Idaho | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maine | Maryland | Massachusetts | Michigan | Minnesota | Mississippi | Missouri | Montana | Nebraska | Nevada | New Hampshire | New Jersey | New Mexico | New York | North Carolina | North Dakota | Ohio | Oklahoma | Oregon | Pennsylvania | Rhode Island | South Carolina | South Dakota | Tennessee | Texas | Utah | Vermont | Virginia | Washington | West Virginia | Wisconsin | Wyoming |

Missouri Unemployment Compensation Resources

Unemployment Compensation Products

Market-Based Compensation in 2012 Webinar Recording
BLR Webinar: "Market-Based Compensation in 2012: How to Attract and Retain the Best Employees""
Practical Market-Based Compensation Webinar Recording
BLR Webinar: "Practical Market-Based Compensation: How to Structure Pay Practices that Attract and Retain the Best""
Mastering FMLA, ADA, and Workers' Comp Webinar Recording
BLR Boot Camp: "Mastering the FMLA, ADA, and Workers' Comp Overlap: A Boot Camp for HR Professionals""
Pay Practices for Interns and Seasonal Workers Webinar Recording
BLR Webinar: "Pay Practices for Interns and Seasonal Workers: Essentials for Managing Summer Help""
Interns and Seasonal Help Webinar Recording
BLR Webinar: "Interns and Seasonal Help: Making the Grade with Your FLSA Compliance Obligations""
Free Special Reports
Get Your FREE HR Management Special Report. Download Any One Of These FREE Special Reports, Instantly!
Featured Special Report
Claim Your Free Copy of Critical HR Recordkeeping

Record retention is complex and time consuming. However, in addition to complying with various federal and state laws, keeping good, well-organized records can be very helpful in documenting and supporting an organization’s employment actions.
Download Now!

This special report will discuss how you can ensure your records are in good order, and establish a record-retention policy.

Topics covered:
1. Hiring Records
2. Employment Relationships
3. Termination Records
4. Litigation Issues
5. Electronic Information Issues
6. Tips for Better Recordkeeping
7. A List of Legal Requirements

Make sure you have the information you need to know to keep your records in order.