View our full Glossary of accounting & payroll terms Visit full glossary Related topics HR and Payroll Tax Search for another term Search for: Glossary definition What is unemployment deduction? Unemployment deduction Employers must pay unemployment taxes for their employees based on the Federal Unemployment Tax Act (FUTA). Recommended Next Read November 15, 2021 Everything you need to know about machine learning in HR See this term in action November 8, 2021 5 min read How to manage your small business payroll taxes the easy way October 25, 2021 6 min read Improve your year end closing by avoiding these 5 accounting myths October 14, 2021 7 min read 4 ways to combat burnout in HR Learn more about this definition and others Featured reading March 9, 2022 5 min read Leaders - here’s how to take the fear out of digital transformation January 10, 2022 4 min read The four biggest hurdles for business owners in 2022 (and how to overcome them) November 16, 2021 8 min read ‘The great resignation’: How HR can keep top talent Popular termsWhat is risk management?What is an assembly line?What is net profit?What is overtime?
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