Ask Experts Questions for FREE Help !
Ask
    carmeljomadonna's Avatar
    carmeljomadonna Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 23, 2007, 07:35 PM
    Payroll Taxes
    New to working in NJ and am unfamiliar with their tax lingo. What is FICASS, FICAMI, NJ W/T and NJ SUI taxes?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jan 23, 2007, 10:15 PM
    FICASS is Social Security.

    FICAMI is Medicare.

    NJ SUI is State Unemployment Insurance.

    My GUESS is that NJ W/T is New Jersey Withheld Tax.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Payroll and payroll taxes [ 1 Answers ]

I'm completing a project for a high school accounting class. I need to know how to journalize the payment of payroll. I also need to know how to journalize the payment of the payroll taxes.

Payroll [ 6 Answers ]

I am going to be starting my own cleaning business and if I have flat rate, charging by the house, how should I pay my employees? :confused:

Payroll [ 2 Answers ]

The annual salaries paid each of the officers of Maxtun, Inc. follow. The officers are paid semimontly on the 15th and last day of the month. Compute the FICA taxes to be withheld from each officers on October 13, and December 29. Oct 13 Tate, jack, president Annual salary $120,000 What's the...

Payroll [ 3 Answers ]

What is the rule of thumb for determining the amount of income a company should pay out as "payroll." (for paying the correct amounts of Medicare, Social Security, etc. etc.). Looking for the generally accepted rule-of-thumb.. I can't remember it.

View more questions Search