Unemployment Question - Missouri
TALLEY
100 Posts
I don't know if this is the proper forum for my question. My question is regarding unemployment in the state of Missouri. We were acquired by new owners (bank that held debt) last month. I'm really not even sure how to ask the questions I have. Here goes -
How can we -
Retain the UI account - large balance remaining
Same experience rate. Our percentage is low (.22?), so we want to keep it.
Receive credit for taxable wage base for the previous nine months
I've received different opinions. All employees were retained by new company. A managing officer from old company was retained by new company. I've been advised these two criteria met requirements to achieve above goals. On the other hand, I've been advised that the new company has keep tax rates, et al, regardless.
I'm guess we need advice of counsel, but would I ask a labor law attorney or a tax attorney? I hope to meet with a representative of the new ownership tomorrow and discuss this issue. I'm fairly certain he won't know and I need to be able to present our dilemma and suggest a solution.
Any help will be appreciated.
How can we -
Retain the UI account - large balance remaining
Same experience rate. Our percentage is low (.22?), so we want to keep it.
Receive credit for taxable wage base for the previous nine months
I've received different opinions. All employees were retained by new company. A managing officer from old company was retained by new company. I've been advised these two criteria met requirements to achieve above goals. On the other hand, I've been advised that the new company has keep tax rates, et al, regardless.
I'm guess we need advice of counsel, but would I ask a labor law attorney or a tax attorney? I hope to meet with a representative of the new ownership tomorrow and discuss this issue. I'm fairly certain he won't know and I need to be able to present our dilemma and suggest a solution.
Any help will be appreciated.
Comments
John Vering
Mo. co-editor