Krumm & Associates
Certified Public Accountants & Consultants

Congratulations, your answer is correct.

$300 Taxes
Non-profit Taxes

Q. Aid To Unemployment, Inc., a "non-profit" 501 (C) (3) organization is not required to file and pay federal unemployment?

A. True. A 501 (C) (3) nonprofit organization, is not required to pay FUTA but may be required to pay SUTA. For more information on nonprofit entities, please contact our office.