Which of the following is the state unemployment tax? (Unemployment Insurance Benefit Amounts)

Question

Quizplus · Accepted Answer

SUTA (State Unemployment Tax Act) is the state unemployment tax that employers have to pay based on their employees' wages. FICA (Federal Insurance Contributions Act) and FUTA (Federal Unemployment Tax Act) are federal taxes, while COLA (Cost of Living Adjustment) is a term used to describe an increase in salary or benefits that is tied to inflation. Therefore, the best choice is C, SUTA.

Which of the Following Is the State Unemployment Tax? (Unemployment