In Nevada, businesses are familiar with the responsibilities that come with employing individuals, one of which involves the Nevada Employment Security Division form. This form, utilized by the Employment Security Division's Contributions Section located at 500 E. Third Street in Carson City, plays a crucial role in maintaining the balance of the state's unemployment insurance (UI) system. Serving as a report for quarterly bond contributions in addition to the regular UI taxes, this form is vital for employers to complete accurately and on time. Businesses are required to calculate their bond contributions based on taxable wages paid within the quarter, employing a specific bond factor assigned to them, which could range from .0016 to .0089. The form details a step-by-step calculation for determining the amount due, including any adjustments for late filings or late payments, which incur additional charges and interest. Employers must then submit this amount separately from their UI taxes, using a check made payable to the Employment Security Division and marking it with their Employer Account Number and “Bond.” It’s important to note that this method of contribution will persist until the bonds issued for federal loans for unemployment benefits are completely repaid, anticipated by late 2017 or early 2018. Despite the digital era, electronic payments are not accepted for bond contributions, specifying a more traditional approach to fulfilling this obligation. This form, by facilitating the collection of quarterly bond contributions, ensures the stability and continuity of unemployment benefits within the state, highlighting the importance of compliance by all Nevada employers.