Confused about a specific term or acronym? Solve the mysteries of terminology with this informative resource. Updated regularly with industry-specific vocabulary and concepts, the Glossary provides easy-to-understand definitions of tax-related terms.
QTD See Quarter-to-date.
QTR See Quarter.
Qualified Employer An employer who is eligible for a calculated tax rate by virtue of fulfilling two requirements: employment during certain specified periods, and timely payment of taxes.
Quarterly Contribution and Wage Reporting Tax report filed during April, July, October and January for the previous calendar quarter. Reported information for the quarter will include gross payroll, taxable payroll, non-taxable payroll, SUI tax rate and SUI taxes due. Certain states reporting will include or require information regarding supplemental taxes, surcharges, credits, penalties and monthly employee counts. The information reported is used by the state agency in determining future SUI tax rates and may also be utilized by the federal government for statistical purposes in labor reporting.
Quarter (QTR) A three-month segment of a year, ending on March 31, June 30, September 30, or December 31.
Quarter-to-date (QTD) Refers to values accumulated to date during a calendar quarter.