Redpath and Company
Navigating the One Big Beautiful Bill Act: Key Wealth Planning Opportunities for 2025 and Beyond
The recently enacted One Big Beautiful Bill Act (OBBBA) brings significant changes to estate planning, charitable giving, and investment strategies....
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.
Who Truly Benefits from “No Tax on Tips”: An Update for Tipped Workers
John Kammerer, CPA: September 5, 2025
You have likely seen headlines about a new tax break under President Trump’s One Big Beautiful Bill Act that promises no tax on tips. The Treasury...
What the Federal Electronic Payments Mandate Means for You
Redpath and Company: August 25, 2025
On March 25, 2025, President Trump signed an executive order requiring that all federal payments, including tax refunds, transition to electronic...