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Warren   wrote on : Wed May 05th,2010   Back to Article

Why pay FUTA and state unemployment when you are the owner?

Reply :

It is only required If you are pulling out payroll from business. If you have structured your business as a  corporation and have profit then both taxes are required to pay along with your p.roll taxes but If you have structured your business as an LLC (Limited Liability company) then you are not required to pay Federal Unemployment Taxes (FUTA) an (U.I) Unemployment taxes.

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