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Form Uc 25

Form Uc 25

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Video instructions and help with filling out and completing Form Uc 25

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Instructions and help about Form Uc 25

in today's video we're going to talk about state and federal payroll taxes for employers including fica unemployment local taxes paid leave and so much more hi everyone i'm heather landau payroll specialist and staff writer for fit small business let's get started before we talk about state taxes it's important to understand what your federal tax responsibility is as an employer there are three categories of employment taxes at the federal level the first is income tax which is pretty simple the rate that you will owe for income tax as an employer is based on the withholdings chosen on your employees w-4 forms next is futa also known as federal unemployment tax this six percent federal tax on the first seven thousand dollars of an employee's earnings is to cover unemployment in most cases as an employer you'll be credited back 5.4 percent of this amount for paying your state unemployment taxes on time resulting in a net tax of 0.6 percent last is fica this 15.3 federal tax is made up o

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