Don’t forget to check your state unemployment rate and update your payroll service if there is a change. The payroll service will continue to use the old rate unless otherwise notified. States generally do not automatically refund the excess, so be sure your payroll provider prepares 2016 returns using your updated rate.
With the estate tax exemption at $12.06 million 2022, many estates won’t be subject to estate tax. As a result, more planning can be devoted to saving income taxes for your heirs.