FUTA

Federal Unemployment Tax Act

General Questions
What is Federal Unemployment Tax (FUTA)?
Is unemployment tax really a tax or is it insurance?
Who pays FUTA?
What is the purpose of FUTA?
My company is required to pay state unemployment tax. Is FUTA required too?
What is the purpose of state unemployment tax?
What are my state's rules regarding unemployment taxes?
Are all employers required to pay FUTA?
Are all wage payments subject to FUTA?
Are there any special situations regarding FUTA?
 
Calculating Federal Unemployment Tax
What is the FUTA tax rate and wage base for 2007?
What is the FUTA tax credit and how does it work?
What are the requirements to receive the FUTA tax credit?
For a business located in a state where the employee is responsible for paying unemployment taxes, does the employer still receive the FUTA tax credit?
How is FUTA calculated?
If an employee works for more than one employer, is each employer responsible for FUTA?
 
Depositing Federal Unemployment Tax
How are FUTA taxes deposited?
When are FUTA taxes due?
What is Form 8109-B?
How does an employer obtain a blank Form 8109-B?
How does an employer obtain preprinted Federal Tax Deposit coupons (Form 8109-B)?
What is an authorized depository financial institution?
Can deposits be made at a Federal Reserve Bank?
When must an employer begin depositing payroll taxes electronically?
What is the Electronic Federal Tax Payment System (EFTPS)?
Which taxes are deposited using EFTPS?
How does an employer enroll in EFTPS?
How does an employer use EFTPS?
What are the consequences for not using EFTPS when it is required?
What are the consequences of depositing FUTA late?
 
Filing Form 940 - Employer's Annual Federal Unemployment Tax Return
What are the filing requirements regarding FUTA?
What methods may be used to document a timely filing?
Who is required to file Form 940?
What happened to Form 940-EZ?
When is Form 940 due?
How is Form 940 filed?
Where is Form 940 filed?
Where can an employer obtain a blank Form 940?
How is Form 940 prepared?
What are the consequences of filing Form 940 late?