Credit Reduction


Reduction in the credit an employer receives against FUTA tax owed for state unemployment taxes paid, where the state has not repaid a federal loan under the joint federal/state unemployment compensation program.

Want more great content like this?

Get the latest trends and compliance updates to keep you on top of HR and payroll, from AdvaPay Systems. In our newsletter email, you'll get a recap of what is going on in employee management, what trends are important for hiring, plus some fun stuff too. Sign up to check it out!