Florida Tax: Important Information about Changes to Unemployment Tax Rates

The Florida Legislature and Governor Charlie Crist have passed and signed into law unemployment tax relief for all Florida employers that were previously issued 2010 tax rates. These actions take effect immediately. In support of economic stability and job creation, the law will help strengthen the efforts of Florida's business community as it faces the economic challenges that have confronted our state.

This new law:
- Adjusts tax rate calculations through 2011.
- Reduces the taxable wage base from $8,500 to $7,000.
- Provides for quarterly installment payments.

These changes take effect beginning with the first quarter unemployment tax (January 1 – March 31, 2010). This tax is due by April 30, 2010.