Yes, an Unemployment Audit Minnesota is authorized under Minnesota Statute 268.168. If you are a worker or employer, please contact this law office for help.
Biggest risk for an Unemployment Audit Minnesota?
The biggest risk associated with an Unemployment Audit Minnesota is the fact an audit can lead to severe monetary penalties and or initiate an audit from another government agency.
Yes, calling this law office for help is a lot easier than trying to make a self-assessment. None the less, consider the following issues.
Who can initiate an Unemployment Audit Minnesota?
An Unemployment Audit Minnesota is generally initiated through the Minnesota Department of Employment and Economic Development (“DEED”). For all practical purposes, DEED has the power to perform an Unemployment Audit Minnesota at any time.
Unfortunately, an Unemployment Audit Minnesota can inspire other issues through the Minnesota Department of Revenue, the Minnesota Department of Labor, and related agencies.
For this one reason, this law office encourages applicants and employers to respond to an Unemployment Audit Minnesota with a high level of care.
What happens during an Unemployment Audit Minnesota?
The Commissioner for DEED has the power to audit, examine, or cause to be supplied or copied, any books, paychecks, bank accounts, account transfers, correspondence, papers, records, or memorandum that are relevant to unemployment claims in Minnesota.
Whether the books, correspondence, papers, records, or memorandum are the property of or in the possession of the employer, any person associated with the employer can be audited, including current and past employees or vendors.
What if you refuse an Unemployment Audit Minnesota?
An Employer who refuses to comply with an Unemployment Audit risks being penalized or fined. None the less, employers in Minnesota have rights.
An Applicant who refuses to comply with an Unemployment Audit risks an overpayment or worse penalties.
To avoid feeling uneasy or that sinking feeling, consider contacting this law office for a consultation.
Why do people and businesses get an Unemployment Audit Minnesota?
Normally, an Unemployment Audit starts with a complaint or an applicant seeking benefits. However, this is not necessarily true given Minnesota’s history with incorrectly paying unemployment claims.
In the year 2014, the State of Minnesota incorrectly paid out more than thirty-five million dollars ($35,000,000) in unemployment benefits.
Unemployment benefits are subsidized under three sources of revenue: (1) employer premiums, (2) taxes, (3) Federal bills. Because applicants and employers are part of this equation, the Minnesota unemployment office turn others to reduce the debt.
Impact or Outcome of an Unemployment Audit Minnesota:
An Unemployment Audit Minnesota can have a significant impact both financially and from a production and service standpoint. Also, claims can begin small and turn into bigger issues of concern.
For example, an Unemployment Audit Minnesota can inspire other issues through the Minnesota Department of Revenue, the Minnesota Department of Labor, and related agencies. For this one reason, respond to an audit with a higher level of care.
Also, penalties and fines may be assessed too.
Lawyer for Unemployment Audit Minnesota:
If you are looking for a Lawyer to represent your business during an Unemployment Audit Minnesota, please contact this law office by clicking HERE.
