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VT identity theft protection deadline nears after tax form recall

News in Brief April 2021 | Vermont Business Magazine

Vermont unemployment rate falls to 2.9 percent The Vermont seasonally-adjusted unemployment rate fell again and at 2.9 percent in March is back under 3 percent for the first time since just before the pandemic hit in early 2020. The rate reflects a decrease of one-tenth of one percentage point from the prior month’s revised estimate of 3.0 percent. Vermont now is tied for the lowest rate in the nation with three Western states. There are still over 28,000 filing unemployment claims in Vermont. While this about a third the number of filers from the peak of the pandemic, it is still historically high. Ongoing claims typically would be under 6,000. The pandemic numbers also include new programs like the PUA, which in recent weeks has accounted for almost 9,000 claims.

VT Department of Labor reminds claimants of 1099 reissue guidance

Wed, 03/03/2021 - 4:19pm tim Vermont Business Magazine As claimants begin to receive their new 1099-G forms, the Vermont Department of Labor (VDOL) is reminding Vermonters of the following guidance issued by the Department last week. Many Vermonters will receive more than one 1099-G, reflecting the different benefit programs available in 2020. Claimants can identify the program their 1099-G is for by using the code in the bottom left-hand corner of the tax document. All claimants fall into one of two base programs, which are either Unemployment Insurance (UI) or Pandemic Unemployment Assistance (PUA). From there, many claimants also received additional benefits from a variety of supplemental programs identified below.

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