Employers liable to a state(s) for unemployment insurance tax receive FUTA credit for timely tax payments made to the state(s).
The FUTA tax rate is 6.2% of the taxable payroll. Regardless of the state tax rate assigned, employers receive credit at a rate of 5.4% of their North Carolina taxable payroll for timely tax payments. Employers then pay .8% directly to the Internal Revenue Service for FUTA tax.
Get Help from an Experienced Employment Law Attorney
Have you been discriminated against by a potential or current employer -- as a job applicant or current employee? To best protect your legal rights you should discuss your situation with an employment lawyer. Meet with a local employment for employees attorney sooner rather than later to protect your rights.