US EditionCan a Business Receive an Exemption from Payroll Taxes?
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Can a Business Receive an Exemption from Payroll Taxes?
Among an employer’s obligations are payroll taxes and other employment related details, such as FICA and income tax withholdings, federal and state unemployment insurance, and workers’ compensation insurance. But is every business with employees responsible for payroll taxes? Most employers are, although there are a few exceptions. I’ve provided some information about those special scenarios below. FUTA Exemption The following businesses do not …
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