Author Archives: FUTA Tax

Futa Tax Form

2011 FUTA Tax Form is due on January 31, 2012.  Make sure to postmark by this end to prevent any IRS penalties from accessing on your account.

Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return. This form is due the last day of the first calendar month after the calendar year ends. Use it to report the FUTA tax on wages you paid.

Click here to download the FUTA Tax form 940 from the IRS website.

NC North Carolina State Unemployment Tax

north-carolina-employment-security-commission

North Carolina Employment Development Department / Dept of Labor/North Carolina State Unemployment Tax

Contact Telephone 1-919-733-7396
Website Address http://www.ncesc.com

Call North Carolina Dept of Labor/Unemployment if you need State Unemployment FUTA Certification (Recertification)

PA Pennsylvania State Unemployment Tax

pennsylvania-dept-of-labor

Pennsylvania Employment Security / Pennsylvania State Unemployment Tax

Contact Telephone 1-717-787-7679
Website Address www.dli.state.pa.us

Call Pennsylvania Dept of Labor/Unemployment if you need State Unemployment FUTA Certification (Recertification)

You can also write to PA Unemployment for FUTA Recertification letter.

PA Registration & Document Management
Office of UC Tax Services
908 Labor & Industry Bldg
651 Boas St
Harrisburg, PA 17121

Unemployment Insurance UI

This program is a state-federal partnership, financed by two different employer taxes. First, state employment security agencies (SESA’s) collect quarterly employer contributions (taxes) in order to pay unemployment benefits to eligible, unemployed workers. Secondly, the federal government funds the administrative costs of the employment security programs in each state through a quarterly federal unemployment tax (FUTA).

SUTA Dumping

Effective January 1, 2006, if an individual or entity transfers all or a portion of its trade or business and there is any substantial common ownership, management or control of the transferor and transferee, the experience rating records of the transferor and transferee shall be combined for the purpose of determining their contribution rate. However, if the transferor or transferee had a contribution rate applicable to it for the calendar year in which the transfer occurred, it shall continue with that contribution rate for the remainder of the calendar year. If the transferee had no contribution rate applicable to it for the calendar year in which the transfer occurred, the contribution rate of the transferee shall be the same as the contribution rate of the transferor for the remainder of the calendar year.

Additionally, if an individual or entity that is not an employer under the Act acquires the trade or business of any employing unit, the experience rating record of the acquired business shall not be transferred to the individual or entity if the Director finds that the individual or entity acquired the business solely or primarily to obtain a lower contribution rate. An employer that knowingly pays or attempts to pay contributions at a rate that is inconsistent with the SUTA dumping law is subject to substantial civil penalties and criminal liability, as is an individual or entity that knowingly advises another to pay or attempt to pay contributions at a rate inconsistent with the SUTA dumping law.

FL Florida State Unemployment Tax

florida-dept-of-revenue

Florida Dept of Labor/Texas State Unemployment Tax

Contact Telephone 1-800-482-8293
Website Address http://dor.myflorida.com/dor/uc/

What is Unemployment Compensation?

Unemployment compensation gives partial, temporary income to workers who lose their jobs through no fault of their own, and are able and available for work. The purpose is to provide assistance to jobless workers, their families, and the business community.
Who Pays for It?

You, the employer, pay for unemployment compensation through a tax managed by the Florida Department of Revenue. It is one of your business costs. Workers do not pay unemployment tax and employers must not make payroll deductions for this purpose. The consumer bears this cost in the price of the goods or services you sell. Thus, the burden of unemployment is shared by all. Your payments go into a fund from which monies are paid to eligible claimants. After a qualifying period, employers with a stable employment history will receive a lowered tax rate.

What is Unemployment Compensation?

Unemployment compensation gives partial, temporary income to workers who lose their jobs through no fault of their own, and are able and available for work. The purpose is to provide assistance to jobless workers, their families, and the business community.

Who Pays for It?

You, the employer, pay for unemployment compensation through a tax managed by the Florida Department of Revenue. It is one of your business costs. Workers do not pay unemployment tax and employers must not make payroll deductions for this purpose. The consumer bears this cost in the price of the goods or services you sell. Thus, the burden of unemployment is shared by all. Your payments go into a fund from which monies are paid to eligible claimants. After a qualifying period, employers with a stable employment history will receive a lowered tax rate.

Who is Liable?

A new business must report its initial employment in the month following the calendar quarter in which employment begins. You can register to pay unemployment tax on our e-Services page.

A new business must report its initial employment in the month following the calendar quarter in which employment begins. You can register to pay unemployment tax on our e-Services page.

Call Florida Dept of Labor/Unemployment if you need State Unemployment FUTA Certification (Recertification)