Ever look at your paycheck and wonder why the amount you actually take home is a lot less than you’ve earned? That’s where withholding tax comes in. Withholding tax is money your employer sends ...
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New federal tax withholdings for 2025 tax year; what you need to file
The 2026 tax season opened Jan. 26, and there are a few new federal withholdings filers need to be aware of.
Learn how to deposit withheld payroll taxes correctly with IRS Notice 931. Follow required schedules and understand penalties ...
Just days after this year's April tax deadline passed, the Internal Revenue Service (IRS) is urging taxpayers to review their tax withholding to avoid unexpected tax bills or penalties when filing ...
A new federal law enacted last year provides a tax benefit to employees who receive overtime pay – but calling it a “No Tax on Overtime” law is a ...
Taxpayers and tax professionals alike expected the IRS to issue new withholding tables and Forms W-2 to reflect changes under the One Big Beautiful Bill Act. The IRS now says that won’t happen in 2025 ...
So, you’re filing taxes after your first year of retirement, feeling good about your anticipated refund. Now that you’ve switched from your salary to a pension, you must be paying significantly less ...
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