Question 1

How much does workers' comp cost for Accountant - CPA in Minnesota?

Accepted Answer

The current rate for Accountant - CPA (Class Code 8823) in Minnesota is $0.19 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $95 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Minnesota?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Minnesota for all employers with at least one employee.

Question 3

How does Minnesota's rate compare to other states?

Accepted Answer

Minnesota's rate for Accountant - CPA is $0.19, which is $0.00 above the national average of $0.19 (+0%).

Question 4

What does class code 8823 cover?

Accepted Answer

Covers certified public accountants and staff performing auditing, tax preparation, and financial advisory services.

State	Rate per $100	Difference
Minnesota (current)	$0.19	—
Indiana	$0.14	-0.05
Texas	$0.15	-0.04
Utah	$0.15	-0.04
Virginia	$0.15	-0.04
Arkansas	$0.16	-0.03

Workers' Comp Rate for Accountant - CPA in Minnesota (Class Code 8823)

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