If you intend to complete a two-year degree and carry those credits to a university like CTU, it may be helpful to explore associate degree options at the university where you plan to complete the bachelorâs program; or discuss your plans with an advisor to ensure your courses will transfer when youâre ready to enroll.
Federal unemployment taxes (called FUTA taxes) are paid by employers based on gross pay of employees (wages or salaries). The FUTA tax percentage may change each year. Currently (2015), For 2015, the FUTA tax rate is 6.0%. The tax applies to the first $7,000 you pay to each employee as wages during the year.
The FUTA rate is 6.0% and employers can take a credit of up to 5.4% of taxable income if they pay state unemployment taxes. This amount is deducted from the amount of employee federal unemployment taxes you owe. Most states have their own State Unemployment Insurance Tax Act (SUTA or SUI).If you qualify for the highest credit, then the minimum FUTA rate is .6%.Each state has its own new employer rate for new businesses. The length of time that new employers are subject to this rate also varies. Contact your state unemployment office for information on new employer rates.his amount is deducted from the amount of employee federal unemployment taxes you owe. Most states have their own State Unemployment Insurance Tax Act (SUTA or SUI). If you qualify for the highest credit, then the minimum FUTA rate is .6%. Each state has its own new employer rate for new businesses.