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Which of the following statements is not correct? a). The FUTA tax provides benefits for...

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Question

Accounting

Which of the following statements is not correct?

a). The FUTA tax provides benefits for employees who become unemployed.

b). The FUTA tax is both withheld from employees' earnings and paid by the employer.

c). The FUTA tax rate can be as low as 0.6%.

d). The state unemployment taxes are paid entirely by the employer.

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