Are You Ready for Growth? FUTA
Be sure you know what’s coming in addition to growth. Today, we’re examining the tax charge that affects every staffing firm: the Federal Unemployment Tax Act charge, FUTA for short.
Unemployment Insurance Costs Could Hit Staffing Firms Extra Hard in 2011
The continuing high rates of unemployment have strained most states’ unemployment insurance trust funds. ProPublica.org reports that 30 states have insolvent funds and are borrowing from the federal government; the American Staffing Association puts the number of states with insolvent funds closer to 35.