File your annual FUTA tax return. Form 940, with state credit applied.
Form 940 is the annual return for federal unemployment tax (FUTA). The 6% FUTA rate is reduced by up to 5.4% (to 0.6%) for state unemployment taxes paid on time. The return is due January 31 each year for the prior calendar year, or February 10 if all quarterly deposits were made on time. We prepare the return, apply the correct credit reduction (some states are credit-reduction states), reconcile against your EFTPS deposits, and e-file with the IRS.
How we handle Form 940, end-to-end.
Form 940 is the annual return for federal unemployment tax (FUTA).
Payroll data collection
We pull payroll totals from your payroll provider (Gusto, ADP, QuickBooks, Rippling, Paychex) for the calendar year. FUTA applies to the first $7,000 of each employee's wages.
Credit reduction analysis
We confirm whether your state is a credit-reduction state for the year (the DOL publishes the list each November). Credit-reduction states require additional FUTA tax beyond the standard 0.6%.
Deposit reconciliation
We pull your EFTPS deposit history for the year and reconcile against the Form 940 calculation. Quarterly deposits are required when FUTA liability exceeds $500 in a quarter.
IRS e-file and acknowledgement
We e-file Form 940 through an IRS-authorized provider, receive acknowledgement within minutes, and forward the confirmation with the reconciled liability summary.
A clean handoff, in four steps.
You give us the basics. We handle the state, the IRS, and the compliance clock so you can focus on the business.
A name that's actually available.
Real-time check against the state register, USPTO trademark database, and matching domains.
Filed with the Secretary of State.
We submit your Articles, pay the state fee on your behalf, and return the stamped certificate.
EIN + the right tax setup.
Federal Employer ID with the IRS, plus state tax accounts when your business needs them.
Registered Agent + deadline tracking.
Your agent on file in every state, with every renewal and annual report tracked in one calendar.
Transparent form 940 pricing.
State filing fees pass through at cost. No upsells.
Standard
Payroll data collection, credit reduction analysis, deposit reconciliation, Form 940 e-file, and IRS acknowledgement forwarded.
Get startedWith deposit management
Standard plus we calculate and submit quarterly FUTA deposits through EFTPS, ensuring you stay above the $500 deposit threshold. Eliminates the most common Form 940 penalty (underpayment of deposits).
Get startedMulti-state employer
Standard plus Schedule A allocation for employers paying wages in multiple states. Required when wages are paid in two or more states. We pull state-by-state payroll data from your provider.
Get startedAbout the Form 940 Filing Service.
Who files Form 940?
What is FUTA tax?
What is a credit reduction state?
When do I have to make FUTA deposits?
What is the late-filing penalty?
Can I file Form 940 on paper?
Recommended add-ons
Most customers add these to keep their business compliant year-round.
Quarterly 941 Auto-File
RecommendedWe file Form 941 every quarter. No deadline tracking on your end.
Annual W-2/1099 Filing
Year-end W-2/W-3, 1099-NEC, 1099-MISC all handled.
Compliance Monitoring
Track every payroll-tax deadline at federal and state level.
Premium compliance, no service-fee markup.
Trust you can verify
SOC 2 Type II audited platform. 220,000+ businesses served. 60-day money-back on service fees. State fees passed through at cost with no hidden markup. Explicit AUP on restricted industries.
A compliance partner, not a transaction
Most providers go quiet after checkout. We auto-track every annual report, registered agent renewal, and license deadline across your entities. The Business OS dashboard keeps your compliance score visible year-round.
Premium experience competitors cannot match
Premium positioning, transparent pricing, no service-fee markup on state or federal filings. Premium positioning, transparent pricing, no service-fee markup on state filings.