A little-publicized addition to the Federal Unemployment Tax Act ("FUTA") quietly became law on October 21, 2013. Known as the Unemployment Insurance Integrity Act of 2011 (“Act”), it suggests ...

When you’re fired, you typically have the right to collect unemployment benefits. But what if you quit? According to the U.S. Chamber of Commerce, eligibility for unemployment benefits varies in both ...

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 ...

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.

Businesses primarily fund unemployment insurance programs by paying Federal Unemployment Tax Act (FUTA) taxes and State Unemployment Tax Act (SUTA) taxes. No matter what state you are in, your ...

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).

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.

The newly passed Covid relief package waives taxes on up to $10,200 of unemployment benefits (or $20,400 if you're married filing jointly). Here are the requirements.

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

What that means is a Federal Unemployment Tax Act tax credit for Illinois businesses will decrease by 0.3 percent, resulting in an increase of $21 in federal taxes per employee.

Were the loan not repaid by Nov. 10, employers would have lost a $21/worker tax credit from the federal government. Colorado has fully paid back its loan to the U.S. Treasury that it used to shore ...