By Sherri Dugger

Effective January 1, 2016, the Tennessee Department of Labor & Workforce Development has announced that Tennessee employers will be paying less unemployment insurance premiums in 2016.

The Tennessee Taxable Wage Base decreased from $9,000.00 to $8,000.00 effective January 1, 2016.

Also, effective January 1, 2016, employers with 10 or more employees are required to file online. Employers with 10-99 employees who do not wish to file online must provide justification in the form of a notarized statement submitted each year, along with the first quarter report.

For additional details please visit the State of Tennessee Newsroom Press Release.