9/3/2023 0 Comments California federal tax rateLearn more about the FUTA tax from the IRS, and work with a qualified tax preparer to submit the correct forms.Īlong with your tax responsibilities, you may pay other costs at payroll, based on legal requirements or optional benefits your company offers. The credit can bring the FUTA tax rate down as low as 0.6%. When your business files a tax return each year, you’ll include a form showing you paid state unemployment taxes, and that can qualify you for a tax credit in most cases.
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