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 employee earnings record include the following information and calculations for each paycheck. First, the gross pay is calculated, for hourly and for salaried employees. Then, the federal, state, and local withholding taxes are calculated, based on the gross pay amount.