FUTA Tax Rate Decreases from .8% to .6% Effective 7-1-11
The FUTA tax rate will be decreasing from .8% to .6% effective 7-1-11. Vertex included this rate change in the June monthly data update and the new rate will be applied to any payments dated 7-1-11 and after.
EnterpriseOne does not self-adjust FUTA therefore it is imperative that the June monthly data update be applied.
EnterpriseOne does not self-adjust FUTA therefore it is imperative that the June monthly data update be applied.
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