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Payroll Determination For Sole Proprietors, Partners of Legal Partnerships & Members of an LLC…

Effective October 1, 2012, the Workers Comp Bureau of MA has announced that the basis of premium for sole proprietors, partners of a legal partnership, and members of an LLC who elect to become employees and obtain Workers Compensation insurnace covreage is $42,700. This change affects new and renewal business effective on or after October 1, 2012.