Guest none Posted September 8, 2003 Posted September 8, 2003 Although FICA and FUTA are normally withheld from salary deferrals under a 403(b) arrangement I have heard that employees of a tax-exempt 501©(3) organization are exempt from FUTA withhloding. Is this true and if so, is there a cite you could refer me to. Thanks !!
GBurns Posted September 9, 2003 Posted September 9, 2003 I did not think that there were any employees anywhere who pay FUTA much less FUTA withholding. FUTA is an employer tax. George D. Burns Cost Reduction Strategies Burns and Associates, Inc www.costreductionstrategies.com(under construction) www.employeebenefitsstrategies.com(under construction)
Guest none Posted September 9, 2003 Posted September 9, 2003 Thanks...let me rephrase this. Would such an employer be pay FUTA Taxes?
Appleby Posted September 9, 2003 Posted September 9, 2003 See if this helps Notice_2000_38.pdf Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
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