
The Federal Unemployment Tax Act (FUTA) provides federal funding for unemployment benefits. For-profit, private companies must pay FUTA taxes using Form 940, a tax form that is filed annually. FUTA works with your state unemployment tax program, so you get credit towards your FUTA taxes for paying your state taxes on time.
Some articles that relate to Federal Unemployment Tax Act (FUTA)
![]() Payroll Definitions
Select the term and hit go to learn the terminology of payroll.
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