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Payroll Acronyms

ACH Automated Clearing House
ADA Americans with Disabilities Act
AEIC Advanced Earned Income Credit
COBRA Consolidated Omnibus Budget Reconciliation Act
DBA Doing Business As
DOL Department of Labor
DOR Department of Revenue
EE Employee
EEOC Equal Employment Opportunity Commission
EFT Electronic Funds Transfer
EFTPS Electronic Federal Tax Payment System
EIC Earned Income Credit
EIN Employer Identification Number
ER Employer
ERISA Employee Retirement Income Security Act
FICA Federal Insurance Contributions Act
FIT Federal Income Tax
FLSA Fair Labor Standards Act
FMLA Family & Medical Leave Act
FTP File Transfer Protocol
FUTA Federal Unemployment Tax Act
ICESA Interstate Conference of Employment Security Agencies
IRS Internal Revenue Service
MAGI Modified Adjusted Gross Income
MMREF Magnetic Media Reporting & Electronic Filing
MSA Medical Savings Account
NACHA National Automated Clearing House Association
NAICS North American Industrial Code System
OASDI Old Age Survivors, Disability Insurance
OFI Originating Financial Institution
OSHA Occupational Safety and Health Administration
PIN Personal Identification Number
POA Power of Attorney
POP Premium Only Plan
PTO Paid Time Off
QTD Quarter-to-Date
SIC Standard Industrial Code
SIT State Income Tax
SS Social Security
SSA Social Security Administration
SSN Social Security Number
SUI State Unemployment Insurance
SUTA State Unemployment Tax Act
TEFRA Tax Equity Fiscal Responsibility Act
TFB Taxable Fringe Benefit
TIN Taxpayer Identification Number
VPD Variable Pay by Department
YTD Year-to-Date
3PSP Third Party Sick Pay




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