By Payroll and Entitlements Editorial Staff
For 2020, rates in the basic schedule are increased by a 0.2% stabilization tax. They range from 0.3% to 6.2%. New employers pay 3.1% in 2020, also including the stabilization tax. Note that employers that have been paying at the 6.0% rate for six years will have an additional 8.0% tax added to their rate. The taxable wage base in Arkansas for 2020 will be $7,000 (DWS Communication).
Interested in submitting an article?
Submit your information to us today!Learn More