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2025 Tax Facts
Federal Minimum Wage $ 7.25 Tipped Employee 2.13 Max. Tip Credit 5.12 Youth Sub Minimum 4.25 FICA - Social Security Max. Earnings $ 176,100.00 Max. Employee Deduction 10,918.20 Employee Percentage 6.2% Employer Percentage 6.2% FICA - Medicare Max. Earnings No Limit Employee Percentage 1.45% (2.35% on income over $200,000) Mileage Reimbursement Business 70 cents/mile Medical & Moving 21 cents/mile Charitable Service 14 cents/mile 2024 Update info... |
New Jersey Minimum Wage - for 6+ employees $ 15.49 - for seasonal or less than 6 14.53 - for agriculture 13.40 Tipped Employees (suggested) 5.62 NJ Unemployment Wage Base $ 43,300 Employee SUI/WF/HC 0.425% Wage Base - Employee Disability $ 165,400 Employee Disability 0.00% Wage Base - Family Leave $ 165,400 Family Leave Insurance 0.09% Pennsylvania Minimum Wage $ 7.25 Tipped Employees 2.83 PA Unemployment Wage Base $ 10,000.00 Employee % (no limit) 0.07% Philadelphia Resident Rate Jan-June 3.75% July-Dec 3.75%* Non-Resident Rate Jan-June 3.44% July-Dec 3.44%* * Rates may change in July |
