Federal Unemployment Taxes (FUTA) can get confusing, especially when they change from year-to-year and vary depending on your state. In this guide, we’ll explain what you need to know about FUTA and Form 940 for submitting taxes in 2016.
If you do not use an online payroll program this process will take some calculations and time reaching out to multiple government agencies. This is why we recommend usingGusto’s payroll software (formerly Zenpayroll), which handles all this for you automatically. You can read why we recommend Gusto in our complete guide to payroll software.
