As of 2015 the unemployment tax rate in California for new employers is 3.4 percent for two to three years; 6.2 percent is the highest rate for all employers, according to California's Employment Development Department. ... More » Business & Finance Taxes Income Tax

State unemployment tax rates as of July 15, 2015, are available at Generally, each state has its own state unemployment insurance tax, explains Intuit. Employers that pay state unemployment taxes can receive as ... More » Business & Finance Taxes

The national unemployment rate in 2014 ranged from 5.6 percent in December to 6.7 percent in January, according to the Bureau of Labor Statistics. In February 2014, Rhode Island had the highest seasonally adjusted unempl... More » Government & Politics Social Services

The federal Social Security tax is paid by employees and employers at 6.2 percent of an employee's wages, according to the Social Security Administration. Wages up to $118,500 are taxed at this rate, as of 2015. Self-emp... More » Business & Finance Taxes Income Tax

The Social Security tax rate is 12.4 percent of earnings, 6.2 percent paid by the employee and 6.2 percent paid by the employer. In 2014 the wage cap for earnings taxed was 117,000, and the 2015 cap is $118,500, explains... More » Business & Finance Taxes Income Tax

California employers pay a state unemployment tax that covers unemployment benefits. Each employer pays these taxes, which are determined on an annual basis. More »

The California tax form that is used for an independent contractor is the Form 1099-MISC. This is also the form that is used by the federal government. However, there are specific requirements for the reporting of wages ... More » Business & Finance Taxes Income Tax