Below are three sets of tax figures in 2025 that all employees should know. They relate to compensation from work: paycheck withholding, the potential need for estimated taxes, and your retirement ...
Bonuses are considered part of your wages, tips and other compensation, and are taxed accordingly. Employers calculate withholding taxes on bonuses using the percentage or aggregate method.
Why your take-home pay could be higher If you’re starting 2025 with similar wages to 2024, your take-home pay — or ...
Deferred Compensation is a financial arrangement whereby a portion of an employee's current wages are distributed at a later time, usually to delay tax liability. Deferred compensation often takes ...
Learn how to lower your tax liability with these 5 effective strategies: optimize withholding, maximize your HSA, avoid the ...
Why your tax withholding might need adjusting Whether ... "Tax withheld on bonuses and stock compensation is typically — though not always — withheld at a flat 22% for federal taxes," says ...
According to a press release published by the Pennsylvania Treasury, a number of changes have been made to the state’s tax ...
Joseth Limon, 48, allegedly failed to file tax returns for Platinum Employment Group or pay over-taxes the company withheld ...
The IRS’s recently released Revenue Ruling 2025-4 provides significant guidance on the employment tax treatment of contributions to and benefits ...
You may also want to make quarterly estimated tax payments if you receive significant income from other sources without withholding, such as rental income, non-employee compensation or royalties ...
My investment accounts don’t withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? As capital gains ...
Firms without Tax Identification Number (TIN) will not enjoy the exemption from Withholding Tax payment. This is one of the conditions stipulated in the Withholding Tax reform regulation which ...