Examlex
In the relational database model all of the following are true except
FUTA
The Federal Unemployment Tax Act (FUTA) is a United States federal law that imposes a payroll tax on employers to fund state workforce agencies.
Annually
Relating to a period of one year, typically used in the context of financial reporting, budgeting, or payments.
Federal Insurance Contributions Act
Legislation that mandates the collection of Social Security and Medicare taxes from both employees and employers.
Form 941
A tax form used by employers in the United States to report quarterly federal payroll taxes, including income tax withheld from employees, and both employee and employer shares of social security and Medicare taxes.
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