To whom does an employer pay FUTA tax?

Prepare for the California Landscaping Contractor Exam. Study using our resources with multiple-choice questions and detailed explanations. Get exam-ready with confidence!

Multiple Choice

To whom does an employer pay FUTA tax?

Explanation:
FUTA tax is a federal unemployment tax funded by employers and collected by the Internal Revenue Service. It funds unemployment benefits and is paid to the federal government, not to the Department of Labor, the Social Security Administration, or a state unemployment department. State unemployment taxes (SUTA) are collected by state agencies, but FUTA itself goes to the IRS.

FUTA tax is a federal unemployment tax funded by employers and collected by the Internal Revenue Service. It funds unemployment benefits and is paid to the federal government, not to the Department of Labor, the Social Security Administration, or a state unemployment department. State unemployment taxes (SUTA) are collected by state agencies, but FUTA itself goes to the IRS.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy