After identifying your tax rate, multiply your taxable income by this percentage to calculate your withholding amount. Keep ...

Massachusetts released its withholding methods for 2025, which incorporates the 4% surtax on high earners, effective from 2023, the state revenue department announced on Jan. 13.

January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...

The new tax scheme will continue to make adjustments to its withholding tables annually through 2031 ... on the lower to middle rungs of the income ladder, and that the foundation was supportive ...

WEST VIRGINIA (WSAZ) - This year West Virginians are going to have a bit more money in their wallet. An extra 2% income tax cut has gone into effect statewide. The 2% cut has been added to the 4% ...

At the end of the year, any bonus you receive from an employer will be added to your wages, tips and other compensation. The ...

The 2025 tax year is likely to be anything but typical. There’s a new administration, a new Congress—and some of Trump’s 2017 ...

Since the due date for your 2024 federal income tax return is still months away, it might seem odd to start thinking about ...

In 2024, state officials enacted what’s being called the largest income tax cut in the state ... first of several annual updates to the withholding tables that will occur every January through ...

Does the interest, dividends and capital gains from assets owned in my taxable brokerage account count toward the Social ...

New tax brackets and standard deductions are now in effect, which will slightly boost paychecks and lower income tax for many ...