2. the spontaneous mixing of the molecules or ions of two or more substances resulting from random thermal motion; its rate is proportional to the concentrations of the substances and it increases with the temperature.
The current exception to this rule is employers in the state of California. The state of California owes money to the federal government, so as a result California employers must pay 1.8% for FUTA tax. FUTA tax is only assessed on the first $7,000 in wages for each employee. For California employers, this would result in $126 per employee ($7,000 times 0.018). For employers in the remaining 49 states, this would be $42 per employee ($7,000 times 0.006). For more information on FUTA tax rates and filing requirements, check out our full guide here.
United States of America. 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.