Since FUTA tax is paid only once a quarter, the FUTA tax expense is recorded only at the time of payment.

Name: Since FUTA tax is paid only once a quarter, the FUTA tax expense is recorded only at the time of payment.
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FUTA tax expense should be recorded at the end of each pay period, not just when it is paid quarterly. This ensures accurate financial statements and proper tracking of payroll expenses.

Since FUTA Tax Is Paid Only Once a Quarter, the FUTA