FUTA taxes, named for the Federal Unemployment Tax Act, are payments of a percentage of employees' wages that employers must pay. FUTA payments fund unemployment benefits for workers who lose their ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

As a working owner of an S-corporation, you must receive a reasonable wage from your company. According to NOLO, this has become a hot-button issue for the IRS, as owners have been using their ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...