Redpath and Company
How WIP Reporting Impacts Construction Business Valuation in M&A
During mergers and acquisitions in the construction industry, numerous factors can influence valuation outcomes. Among these, Work-in-Progress (WIP)...
The 2024 Minnesota unemployment insurance tax rate determinations have now been sent out by the U.S. mail or can be found online in your correspondence tab when logged in on the MNUI System. In 2024, the first $42,000 of wages you pay to each employee is taxable for MN unemployment insurance. The base tax rate is 0.10% and can go up to a maximum of 8.90% based of your experience rate.
There are no additional assessments for 2024.
We recommend employers review their annual tax rate determination notices to plan for additional taxes.
Employers can log in to view their tax rates and use the optional calculator tools available in their employer portal. Please visit https://www.uimn.org/ to login.
3 Questions to Find the Right Accounting Partner for Your Construction Business
This article was originally written in October 2020. It has been updated with new references and information.
Business Valuation Approaches: Asset, Income & Market Approach
Emmett Mulcahy, CPA, CVA: March 26, 2025
Editor's note: this blog was updated in 2025 with additional resources for business owners.