Search results
Results from the WOW.Com Content Network
Hoosiers who provided their banking information on their 2021 tax return by the deadline should have already received their money. Haven't received your Indiana taxpayer refund yet? Here's what ...
The IRS is starting to send out unemployment benefits to those who filed their taxes last year before the American Rescue Plan was signed into law. If you received unemployment benefits last year ...
Most new employers in the state of Indiana start with a 2.5% unemployment tax rate unless your company is a construction company, successor company, or a government entity, at which point your tax rate is 2.53%, .5% to 9.4%, 1.6% respectively. [9] Indiana employers are required to pay unemployment taxes for any year in which they have employees ...
In a memo released yesterday, the U.S. Labor Department states that workers who were asked to repay unemployment benefits received through the CARES Act might be able to get a refund, although it...
The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax used to help fund state workforce agencies. Employers report this tax by filing Internal Revenue Service Form 940 annually.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
The reason has to do with a provision in the American Rescue Plan Act that waived federal tax on up to $10,200 of unemployment benefits collected in 2020, CNBC reported.
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub. L. 111–312 (text), H.R. 4853, 124 Stat. 3296, enacted December 17, 2010), also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010. [2]