State Unemployment Tax Rate for 2010, 2011
State and Federal Unemployment Taxes
Each employer must pay State and Federal Unemployment taxes (SUTA and FUTA). The federal unemployment rate is equal to 6.2% of gross compensation, but normally nets to 0.8% because the employer is allowed to take a credit up to 5.4% of compensation for State unemployment taxes paid by the employer. This is true if the employer is eligible for the maximum credit.
Read More Here: http://hubpages.com/hub/State-Unemployment-Tax-Rate
Each employer must pay State and Federal Unemployment taxes (SUTA and FUTA). The federal unemployment rate is equal to 6.2% of gross compensation, but normally nets to 0.8% because the employer is allowed to take a credit up to 5.4% of compensation for State unemployment taxes paid by the employer. This is true if the employer is eligible for the maximum credit.
Read More Here: http://hubpages.com/hub/State-Unemployment-Tax-Rate
| Link: | hubpages.com...Search for more tips related to this link |
| Rating: | 77% positive, 9 total Votes |
| Categories: | State unemployment tax rate |
| Added: | on Dec 29, 2009 at 9:49 pm |
| Added By: | cjohnson127590 |
| Searches: | unemployment state rate tax employer |
