Nevada Unemployment Compensation laws & HR compliance analysis

Nevada Unemployment Compensation: What you need to know

Virtually all employers are subject to unemployment insurance taxes under Nevada’s Unemployment Compensation Law (NV Rev. Stat. Sec. 612.010 et seq.). For example, coverage extends to:
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• Anyone who pays wages of $225 or more during any quarter of the current or preceding calendar year;
• Any employer subject to the Federal Unemployment Tax Act (FUTA) that employs at least one person in Nevada;
• Any employer that acquires the trade or business of a covered employer;
• Any employer of agricultural labor that during the current or preceding year paid wages of $20,000 or more in any quarter or employed 10 or more in agricultural labor on some day in each of 20 different weeks;
• Any employer of a domestic worker that pays $1,000 or more in a quarter in either the current or the preceding calendar year;
• The state and its political subdivisions;
• An Indian tribe and its political subdivisions or a business wholly owned by one or more Indian tribes; and
• Employers that voluntarily elect coverage (Nev. Rev. Stat. Sec. 612.055).
The law excludes certain services from coverage, including, for example, services performed by:
• Students working for schools, colleges, or universities;
• Students working for work-study programs;
• Spouses of students working for the school;
• Real estate salespersons;
• Newspaper distributors who are minors; and
• Lessees engaged in mining under lease agreements (Nev. Rev. Stat. Sec. 612.090 et seq.).
Taxable wage base. The taxable wage base is determined each year. For the current taxable wage base, visit https://uitax.nvdetr.org/crphtml/ui_information.htm#Taxable_Wage_Base. The term “wages” includes all remuneration paid for personal services, ...

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