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A terminated employee has a duty to make reasonable efforts to find other employment and
reduce his or her damages in the event of wrongful termination.
Overtime Pay
Additional compensation paid to employees who work beyond the standard hours designated in their employment contract.
IRS Form 940
A form used by employers in the United States to report their annual Federal Unemployment Tax Act (FUTA) tax.
Federal Unemployment Tax
A tax imposed on employers to fund state workforce agencies. Employers pay this tax to finance the unemployment compensation to workers who have lost their jobs.
Income Taxes
Taxes imposed by the government on the income generated by businesses and individuals.
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