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3 weeks ago

Updates to Wrapbook Pricing starting January 2, 2025

Please be advised that Wrapbook's pricing will see some modest adjustments in the new year, effective January 2, 2025.  

Here's what's changing: 

  • Loan-out and Contractor Payments: The standard flat rate for payments to loan-outs and contractors will increase to $18.00 per payment. 
  • Workers' Compensation Rates: These rates will undergo slight annual adjustments, as always, varying by state. 
  • State Unemployment Insurance (SUI): Rates will adjust according to state-specific guidelines. Some changes will take effect in January, while others will roll out through the first quarter of 2025. 
    • California and New York will remain on the FUTA Credit Reduction list, resulting in an increase of 0.3% to FUTA Supplemental rate.  
    • Connecticut is no longer on the FUTA Credit Reduction list, decreasing FUTA Supplemental rate to 0%. 

Questions? We're here to help. Please reach out to our Support team at support@wrapbook.com.