{"iri":"https://lexicon.financial/financial/coa/FUTA","label":"FUTA","definition":"Federal Unemployment Tax Act tax — 6% of the first $7,000 of each employee's wages, with credits typically reducing the effective rate to 0.6%. Employer-only; funds the federal portion of state unemployment programs.","license":"https://spdx.org/licenses/MIT","source":"gnucash","source_url":"https://github.com/Gnucash/gnucash/tree/stable/data/accounts/C"}