 In this presentation, we will take a look at federal and state unemployment tax calculations. When considering federal and state unemployment tax calculations, we are considering types of taxes that are employer taxes. We're focusing in here on employer type taxes. FUTA is going to be something federal unemployment tax is going to be something that is not an employee tax at all, unlike the FICA taxes of Social Security and Medicare, which have a employer and employee component. The FUTA tax is a pure employer tax. It has no employee component to it, meaning when we look at our paycheck and the pay stub, the calculation of our net pay, it doesn't have any FUTA removed from it. FUTA is a payroll tax that will be an expense on the corporations or the business books as a payroll tax and not part of the wage.