Federal Unemployment Tax

  • 1 Posts
  • 1 Sections
  • 1 Types
August 31, 2024 4 min read Definitions
Credit Reduction: Impact on Employer's FUTA Credit Rate
Economics Finance Government Regulations Credit Reduction FUTA Unemployment Trust Fund Employer Tax Federal Unemployment Tax
Credit Reduction occurs when states owe money to the federal unemployment trust fund, thereby reducing the Federal Unemployment Tax Act (FUTA) credit rate for employers in that state.
Read more about Credit Reduction: Impact on Employer's FUTA Credit Rate.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.