When Does An Employer Become Liable For Unemployment Taxes?
An employer becomes liable and must file quarterly wage reports and pay contributions if they fall under the following categories:
- NONAGRICULTURAL EMPLOYMENTThe total payroll for any calendar quarter for New Mexico employment is $450 or more, or if there are one or more persons (parttime workers included) in employment in any part of the week in each of 20 weeks within a calendar year
- AGRICULTURAL EMPLOYMENTThe total payroll for any calendar quarter for New Mexico employment is $20,000 or more, or if there are ten or more persons (parttime workers included) in employment at any time in each of 20 weeks within a calendar year.
- DOMESTIC EMPLOYMENTThe total payroll for any calendar quarter for New Mexico employment is $1000 or more.
- The employer acquires the business from another employer who was subject to the Act at the time of the acquisition.
- The employer is liable for the tax imposed under the Federal Unemployment Tax Act.
Speak to an Experienced Employment Law Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified employment lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact an attorney in your area from our directory to discuss your specific legal situation.
Additional Employment Law Articles
- What is the minimum wage in New Mexico?
- Does An Employer Have To Provide Lunch Breaks Or Rest Periods?
- Does An Employer Have To Pay Holiday, Vacation, Sick Or Severance Pay?
- Can An Employer Require An Employee To Work Overtime?
- Can An Employer Give Compensatory Time Off Rather Than Pay Overtime?
- Can An Employer Reduce An Employee’s Wage Or Salary?
- When Does An Employer Have To Pay Final Wages To A Terminated Employee?
- How Often Must An Employer Pay Employees?
- What Can I Do To Receive Unpaid Wages?
- Is A Work Permit Required For Minors?
- Are Certain Occupations Prohibited For Minors?
- Are There Restrictions On The Hours A Minor May Work?
- How Do I File A Claim For Unemployment?
- What Are The Eligibility Requirements?
- How Much Will I Receive In Unemployment Benefits?
- When Can I Expect To Receive My First Check?
- If I Was Fired Or Quit My Job, Can I Collect Benefits?
- If I Have A Separation Issue On My Claim, What Can I Expect?
- Where Can I Get Additional Information On Unemployment Insurance?
- What Is The Unemployment Insurance Tax Rate For A New Employer?
- What Is The Taxable Wage Base?
- As An Employer, How Do I Establish A Tax Account?
- How Do I File Quarterly Wage Reports And Pay Taxes?
- What Is Apprenticeship?
- What Are The Basic Requirements For Entry Into Most Apprenticeship Programs?
- What Is The Human Rights Act?
- Where Can I File A Complaint Of Discrimination?
