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    Kalierose's Avatar
    Kalierose Posts: 6, Reputation: 1
    New Member
    		  
    #1

    Sep 17, 2009, 09:52 AM
    FUTA Limits
    If you own two companies and you are now going to split you salary between them and you have meet your FUTA limit of $7000.00 with the first company, do you have to start over with the new company?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Sep 17, 2009, 01:22 PM
    Yes, you do!
    Kalierose's Avatar
    Kalierose Posts: 6, Reputation: 1
    New Member
    		  
    #3

    Sep 17, 2009, 01:51 PM

    Thank you
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Sep 21, 2009, 10:55 AM
    Glad to help!
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