Changes to Nevada Quarterly Bonds


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Nevada Quarterly Bond Assessments Eliminated as of 10/01/2017
As of the fourth quarter in 2017, The Nevada SUI quarterly bond assessment has been terminated.
However, the SUI average rate has stayed the same going into 2018.
According to a representative from the Nevada Department of Employment, Training and Rehabilitation (DETR)
the department anticipates that it has repaid it’s outstanding bond balance completely.
Therefore, the Department had decided that the third quarter of 2017 is the last period that employers will
pay the bond assessment. Starting the fourth quarter of 2017, employers will not surrender a bond
assessment return or pay the bond assessment.
As an employer, you should be receiving notice of the elimination of the bond assessment by mail before
the fourth quarter SUI tax return.
Information for this blog was accumulated from Ernst & Youngs Newsletter. For more information,
please visit their website at https://taxnews.ey.com/Login/NewsroomLogin.aspx?returnURL=%2f to
sign up for their Tax News updates.

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