FUTA Taxes for 2025 Likely to Increase in California and Virgin Islands and Decrease in New York
In January of 2025, the US Department of Labor released its notice of potential FUTA offset credit reductions for 2025. California, Connecticut, New York and the Virgin Islands had potential FUTA offset credit reductions for 2025 and interest on loans to be paid. California, Connecticut and New York also were shown as at risk of a [...]