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2017 Tax Rates


Mileage Allowance:

  • Business - $0.535 per mile
  • Charitable - $0.14 per mile
  • Medical/Moving - $0.17 per mile

Minimum Wage:

  • Federal $7.25 per hour
  • NJ State $8.44 per hour

Federal Tax Information:

  • Social Security: Wage Base Limit $127,200
  • Social Security Rate: 6.2%
  • Maximum Contribution $7,886.40
  • Medicare Rate: 1.45%
  • FUTA: Taxable Wage Base $7,000
  • Net Tax Rate: 0.6%

New Jersey State Information:

  • NJ Sales and Use Tax: 6.875%
  • State Withholding Tax: Graduated Tax Table
  • State UI/DI: Taxable Wage Base $33,500
  • Base Week Amount $168
    • SDI 0.24% - maximum contribution $80.40
    • SUI 0.3825% - maximum contribution $128.13
    • Workforce 0.0425% - maximum contribution $14.23
    • NJ Family Leave Ins. 0.01% - maximum contribution $33.50