FUTA is a law that explains how unemployment benefits are paid for and at what rate, as well as what programs that money ...

The Federal Unemployment Tax Act (FUTA) allows the IRS to collect a federal employer tax, funding state workforce agencies and covering half the cost of extended benefits during high unemployment ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Here’s what you need to know about the State Unemployment Tax Act, or SUTA tax for short, and how it applies to your small business.

Finally, employers who paid $1,500 or more in annual wages and employed one or more employees for at least 20 weeks must pay a tax under the Federal Unemployment Tax Act (FUTA).

Unemployment programs are funded by businesses through the Federal Unemployment Tax Act and the State Unemployment Tax Act. Who is eligible to receive unemployment benefits?

For organizations eligible under the Federal Unemployment Tax Act (FUTA), the deadline for refunds is even earlier, by January 31, 2025. ... State Unemployment Insurance ...

SPRINGFIELD - Gov. J.B. Pritzker announced a plan Tuesday to reduce a $1.8 billion Unemployment Insurance Trust Fund deficit by $450 million through an infusion of unemployment-related revenues.