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U.S. Master™ Payroll Guide, 2010 Edition

U.S. Master™ Payroll Guide, 2010 Edition
The U.S. Master Payroll Guide is designed to meet the needs of customers who outsource their payroll, handle their payroll internally, subscribe to an electronic payroll library, or who cannot afford a comprehensive payroll resource.

CCH® PAYROLL — 11/10/09

FUTA extension signed by President

The House and Senate have passed, and the President has signed, the Worker, Homeownership, and Business Assistance Act of 2009 (H.R. 3548). Among other things, the bill extends the FUTA surtax and delays a scheduled decrease. The House passed their previous version, the Unemployment Compensation Extension Act of 2009 (H.R. 3548) (See CCH Payroll Management Guide Report Letter 2114, dated September 29, 2009), on September 22, 2009.

FUTA surtax

The bill extends from 2009 through 2010 and the first 6 months of 2011, the 6.2% surtax on employers imposed under the Federal Unemployment Tax Act (FUTA). It also delays a scheduled 2010 decrease from 6.2% to 6% through 2011. The change is effective for wages paid after December 31, 2009.

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