Multiple Choice
Which of the following statements is correct?
A) The FUTA tax provides benefits for employees who become unemployed.
B) The federal unemployment tax rate can be reduced by the rate charged by state for the state unemployment tax.
C) The earnings base for the federal and state unemployment taxes are the same, the first $7,000 of an employee's earnings for the year.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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