Guest column: Kansas small business must prepare for steep hike in unemployment insurance taxes

Kansas employers have been operating under the credit adjustment State Unemployment Tax Act table since 2019, which afforded every rated employer in the state a one-half percent credit reduction on their earned rate group tax rate. However, beginning in 2021, Kansas employers should plan for increased unemployment taxes for successive years, as the Kansas Unemployment Insurance trust fund faces a looming deficit after unprecedented demand for benefits reached record heights during the Covid