Regarding unemployment insurance tax, what is the taxable wage base for employers in Nevada for 2018?

The taxable wage base for employers in Nevada for the year 2018 is $30,500. This amount is important for employers to understand because it represents the maximum wages that are subject to unemployment insurance tax for their employees within that year.

Employers are required to pay unemployment insurance taxes only on earnings up to this specified wage base limit. Therefore, any employee earnings beyond $30,500 would not incur additional unemployment insurance tax liability for that employer. This figure is determined by the Nevada Division of Unemployment Insurance and can change from year to year based on economic factors and legislative changes. Knowing this wage base is crucial for compliance and effective financial planning for businesses operating in Nevada.