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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.
Taxes under State Unemployment Tax Act (or SUTA) are those designed to finance the cost of state unemployment insurance benefits in the United States, which make up all of unemployment insurance expenditures in normal times, and the majority of unemployment insurance expenditures during downturns, with the remainder paid in part by the federal government for "emergency" benefit extensions.
You'll file Form 941 quarterly to report employee federal withholdings.
In April 2012, Chicago Mayor Rahm Emanuel, former Illinois Governor Pat Quinn, and the U.S. EPA awarded the MWRD $10 million through the Illinois Jobs Now! capital program. That funding supplemented the $21 million in engineering and design costs needed to make the MWRD’s disinfection facilities possible.
A Florida judge denied a motion to temporarily reinstate the extra $300 in weekly unemployment benefits that were terminated prematurely this summer.
The pandemic wreaked havoc on few institutions more than the school system. That’s why it was smart that Florida granted schools, students and parents some much-needed relief from the punitive ...