Employers that are liable for Missouri unemployment tax contributions must provide the Division of Employment Security (DES) information on the wages of their covered employees each quarter Individual workers' wages are recorded on the DES wage record files and retained for five quarters to be used for determining monetary benefit entitlement should a worker file a claim for Although FUTA and SUTA are different, and each state's SUTA regulations and tax rates vary, the criteria that determine whether a company must pay FUTA and SUTA taxes are mostly the same In most cases, if your company meets one of the two below criteria, you must pay FUTA and SUTA taxes Your company paid at least $1,500 in wages to Federal unemployment tax (FUTA tax) goes into a fund that pays for the federal government's oversight of state unemployment insurance programs For example, a state might not have enough money to pay unemployment benefits during a time of high unemployment The state can borrow money from the federal government's unemployment fund
Elizabeth I Sutami 916 307 2641 Folsom Public Records Instantly
