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On September 29, 2014, the Labor Department said it delayed the announcement on Federal Unemployment Tax Act credit reduction relief for states by several weeks due to a heavy caseload. Several states, including California, submitted fifth-year.
On September 29, 2014, the Labor Department said it delayed the announcement on Federal Unemployment Tax Act credit reduction relief for states by several weeks due to a heavy caseload. Several states, including California, submitted fifth-year.
Last month, PAYDAY Workforce Solutions advised employers to expect the FUTA Credit Reduction in California for the tax year 2013. The final list of Credit Reduction States was just announced yesterday by the U.S. Department of Labor. The list.
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..
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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