Common Abbreviations Flashcards

(168 cards)

1
Q

ACA

A

Affordable Care Act

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2
Q

ACH

A

Automated Clearing House

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3
Q

ADA

A

Americans with Disabilities Act

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4
Q

ADEA

A

Age Discrimination in Employment Act

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5
Q

ADP

A

Automatic Data Processing

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6
Q

ADP

A

Actual Deferral Percentage

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7
Q

AEL

A

Amount Excluded by Law

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8
Q

Al

A

Artificial Intelligence

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9
Q

ALE

A

Applicable Large Employer

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10
Q

APTC

A

Advance Premium Tax Credits

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11
Q

ASP

A

application service provider

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12
Q

BCP

A

Business Continuity Plan

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13
Q

BPO

A

Business Process Outsourcer

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14
Q

CARES

A

Coronavirus Aid, Relief, and Economic Security Act

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15
Q

CBA

A

Collective Bargaining Agreement

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16
Q

CCA

A

Chief Counsel Advice

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17
Q

CCPA

A

Consumer Credit Protection Act

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18
Q

CFR

A

Code of Federal Regulations

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19
Q

CMS

A

Centers for Medicare and Medicaid Services

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20
Q

COBRA

A

Consolidated Omnibus Budget Reconciliation Act

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21
Q

CODA

A

Cash or Deferred Arrangement

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22
Q

CONUS

A

Continental United States

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23
Q

CoTs

A

IRS Commercial Off-the-Shelf Software

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24
Q

CPA

A

Certified Public Accountant

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25
CPEO
Certified Professional Employer Organization
26
CR
Credit Entries
27
CSA
Current Situation Analysis
28
CSE
Child Support Enforcement
29
CSRs
Cost-Sharing Reductions
30
CURES
The 21st Century Cures Act
31
DBD
Data Base Description
32
DBMS
Data Base Maintenance System
33
DCAP
Dependent Care Assistance Program
34
DCIA
Debt Collection Improvement Act
35
DHS
Department of Homeland Security
36
DOE
Department of Education
37
DOL
Department of Labor
38
DOMA
Defense of Marriage Act
39
DR
Debit Entries
40
EACA
Eligible Automatic Contribution Arrangement
41
EAD
Employment Authorization Document
42
EAP
Employee Assistance Programs
43
EAP
Educational Assistance Program
44
EBSA
Employee Benefits Security Administration
45
EDI
Electronic Data Interchange
46
EEOC
Equal Employment Opportunity Commission
47
EFT
Electronic Funds Transfer
48
EFTS
Electronic Federal Tax Payment System
49
EIN
Employer Identification Number
50
e-lWO
Electronic Income Withholding Order
51
EPA
Employee Paid Amount
52
ERISA
Employee Retirement Income Security Act
53
ERO
Electronic Return Originators
54
ERP
Enterprise Resource Planning
55
ESPP
Employee Stock Purchase Plans
56
ESR
Employer Shared Responsibility
57
FASB
Financial Accounting Standards Board
58
FAVR
Fixed and Variable Rate
59
FFM
Federally Facilitated Marketplace
60
FICA
Federal Insurance Contributions Act
61
FICA
Social Security and Medicare Tax
62
FIT
Federal Income Tax
63
FLSA
Fair Labor Standards Act
64
FMLA
Family Medical Leave Act
65
FMV
Fair Market Value
66
FRB
Federal Reserve Bank
67
FSA
Flexible Spending Account
68
FSM
Federated States of Micronesia
69
FTA
Federation of Tax Administrators
70
FTCS
Federal Tax Collection Service
71
FTD
Federal Tax Deposit
72
FTE
Full Time Equivalent
73
FUTA
Federal Unemployment Tax
74
GAAP
Generally Accepted Accounting Principles
75
GDPR
General Data Protection Regulation
76
GSA
General Services Administration
77
HDHP
High Deductible Health Plan
78
HEA
Higher Education Act
79
HHS
Department of Health and Human Services
80
HHS
Health and Human Services
81
HIPAA
Health Insurance Portability and Accountability Act
82
HMO
Health Maintenance Organization
83
HRA
Health Reimbursement Arrangement
84
HSA
Health Savings Account
85
HSPD
Homeland Security Presidential Directive
86
ICE
Immigration and Customs Enforcement
87
IFBA
lncludable Fringe Benefit Amount
88
IRA
Individual Retirement Arrangement
89
IRA
Individual Retirement Account
90
IRB
Internal Revenue Bulletins
91
IRC
Internal Revenue Code
92
IRCA
Immigration Reform and Control Act
93
IRS
Internal Revenue Service
94
ISO
Incentive Stock Options
95
ISP
internet service provider
96
ITIN
Individual Taxpayer Identification Number
97
IVR
Interactive Voice Response Systems
98
IWO
Income Withholding Order
99
KPI
Key Performance Indicators
100
LAN
local area networks
101
LIT
Local Income Tax
102
M&IE
Meals and Incidentals Expense
103
MEC
Minimum Essential Coverage
104
Med
Medicare Tax
105
MeF
Modernized eFile System
106
MICR
magnetic ink character recognition
107
ML
Machine Learning
108
MOU
Memorandum of Understanding
109
MSA
Medical Savings Account
110
MSRRA
Military Spouses Residency Relief Act
111
NAFTA
North American Free Trade Agreement
112
NLP
Natural Language Processing
113
NMSN
National Medical Support Notice
114
OCONUS
Outside the Continental United States
115
OCR
Optical Character Recognition
116
ocss
Office Of Child Support Services
117
ODFI
Originating Depository Financial Institution
118
0MB
Office of Management and Budget
119
PDS
Private Delivery Service
120
PEO
Professional Employer Organization
121
PFL
Paid Family Leave
122
PII
Personally Identifiable Information
123
PIN
Personal Identification Number
124
PLR
Private Letter Ruling
125
POP
Premium Only Plan
126
POS
Point-of-Service
127
PPA
Pension Protection Act
128
PPO
Preferred Provider Organization
129
PTIN
Preparer Tax Identification Number
130
PTO
Paid time off
131
OACA
Qualified Automatic Contribution Arrangement
132
QSEHRA
Qualified Small Employer Health Reimbursement Arrangement
133
RDFI
receiving depository financial institution
134
RFI
Request for Information
135
RFP
Request for Proposal
136
RFQ
Request for Quote
137
RMI
Republic of the Marshall Islands
138
RPA
Robotic Process Automation
139
RROP
Regular Rate of Pay
140
RRTA
Railroad Retirement Tax Act
141
RSU
Restricted Stock Units
142
SAAS
Software As a Service
143
SAS
Statement on Auditing Standards
144
SCHIP
State Children's Health Insurance Program
145
SDI
State Disability Insurance
146
SDU
State Disbursement Unit
147
SECA
Self-Employment Contributions Act
148
SEC
Securities and Exchange Commission
149
SIFL
Standard Industry Fare Level
150
SIT
State Income Tax
151
SLA
Service Level Agreements
152
SOX
Sarbanes-0xley Act
153
ss
Social Security Tax
154
SSA
Social Security Administration
155
SSAE 18
Standards for Attestation Engagements 18
156
SSN
Social Security Number
157
SSNVS
Social Security Number Verification Service
158
TOA
Tax Cuts and Jobs Act
159
TEPA
Tipped Employee Participation Agreement
160
TNC
Tentative Nonconfirmation
161
TRAC
Tip Reporting Alternative Commitment
162
TRDA
Tip Rate Determination Agreement
163
ucc
Uniform Commercial Code
164
UIFSA
Uniform Interstate Family Support Act
165
USC
United States Code
166
USCIS
United States Citizenship and Immigration Services
167
WAN
Wide Area Networks
168
WHD
Wage and Hour Division