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 ...

It is tax time and your accountant is not only telling you how much you owe for last year’s taxes but also breaking the news that you must pay estimated taxes for the current year. Those pesky ...

Americans opening year-end bonus statements face a shock. A large chunk of extra pay vanishes immediately due to tax rules.

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 ...

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 ...

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 ...