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FUTA Expense
The total cost incurred by an employer for the Federal Unemployment Tax, contributing to the U.S. government's unemployment fund.
Form 941
A federal tax form used by employers to report quarterly income taxes, social security tax, and Medicare tax withheld from employees' paychecks.
Form 940
A tax form filed by employers to report annual Federal Unemployment Tax Act (FUTA) tax.
Form W-2
An IRS tax form used in the United States to report wages paid to employees and the taxes withheld from them.
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