FUTA

  • Year End Reminder: 2016 FUTA Credit Reductions

    Last year, the IRS imposed a reduction of the FUTA credit against several states. The credit reduction will be extended into 2016, but only for California and the Virgin Islands. The Federal Unemployment Tax Act (FUTA) tax is a federal tax on employers in the state’s unemployment insurance program. The tax is imposed on employers […]

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