Cardiology A once-popular combination of 2 anorectic agents, fenfluramine and phentermine; the theoretical advantage of using 2 different agents is that the dose of each agent could be lowered Adverse effects The fen-phen combination is associated with valvular heart disease and fatal pulmonary HTN; it was withdrawn from the market.
From Wikipedia, the free encyclopedia. The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax used to help fund state workforce agencies. Employers report this tax by filing an annual Form 940 with the Internal Revenue Service. In some cases, the employer is required to pay the tax in installments during the tax year. FUTA covers a federal share of the costs of administering the unemployment insurance (UI) and job service programs in every state.
BREAKING DOWN 'Federal Unemployment Tax Act - FUTA'. The amount of an employer's FUTA tax liability determines when the tax must be paid; the form for reporting the tax is due in the first quarter of the year. As of Jul. 1, 2011, the FUTA tax rate was 6% of the first $7,000 paid to each employee annually.