SUTA

SUTA is an acronym for State Unemployment Tax. Very similar to Federal Unemployment Tax (FUTA), it is the amount charged by the respective state to participate in the state’s unemployment program.

Payroll – Introduction to Basic Concepts

Payroll

Payroll is envisioned as the simple employer employee agreement related to compensation for services. I often think of this as the simple handshake whereby the employer agrees to pay the employee a set rate per hour of work. This was true a hundred or more years ago, but over time; history and governmental regulations complicated this simple relationship.

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