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PAYDAY Workforce Solutions Blog

FUTA Tax Credit Reduction for 2013

The Federal Unemployment Tax Act, or FUTA, provides a federal tax credit for amounts paid to a state for unemployment taxes. It effectively reduces the amount that employers must pay into the federal unemployment insurance (UI) benefit system..

FUTA Tax Credit Reduction for 2013

The Federal Unemployment Tax Act, or FUTA, provides a federal tax credit for amounts paid to a state for unemployment taxes. It effectively reduces the amount that employers must pay into the federal unemployment insurance (UI) benefit system..

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