• Interest on late taxes is generally 1 percent per month or part of a month , and late or incomplete reports can trigger late fees and administrative fees; late fees are computed per employee and can double if reports remain outstanding, with a minimum amount applied. • Overpayments can be corrected by filing an adjustment through the Employer Self‑Service System within the statutory period; credits can be applied to future tax or refunded on request. Audits, records, and personal liability • UI auditors periodically review employer payroll records to verify wage reporting, determine liability, investigate benefit eligibility, and detect fraud; audits usually cover one year but may expand if issues are found. • All employing units must keep true and accurate records for at least f our years plus the current year , including detailed information on wages, hours, work locations, and reasons for separation, and must make them available on request. • If an employer fails to pay UI taxes, the state may hold certain responsible individuals— officers, directors, members, partners, or owners— personally liable for unpaid taxes, interest, and fees under Minnesota law.
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