Withholding tables for New Zealand’s 2025-26 tax year, which starts April 1, were released by its Inland Revenue Department March 20.

The proposed increase to the write-off would potentially be offset with reduced deductions to the amount corporations can ...

Your 2024 bonus is taxed at 22% federally (37% over $1M), plus Social Security, Medicare, and state taxes. Withholding varies ...

Republicans are considering offsetting the increase to the SALT cap by reducing the deductions corporations can claim on the ...

The overpayments are currently being recovered through deductions from affected workers ... A glance at the current salary table will substantiate this further,” the statement read.

However a P45 is not mandatory to claim certain lump sum repayments. PAYE 94055 and 94058 under the sub-heading “Sources of evidence” (for a repayment) also allows “Real Time Information pay and tax ...

One way to recognize employees for contributing to the success of a business is to reward them with a bonus. Although bo ...

The governor wants to increase the payroll mobility tax on some businesses in the five boroughs, sources familiar told ...

With Thursday's state budget structure agreement, businesses are considering the effects of potential new taxes, and taxes ...

Two Lincoln state senators clashed Friday at a hearing over a governor-backed priority to reconsider what to do with Nebraska retirement plans once they are fully funded, starting ...

By John Hood For universities, state governments, localities, medical providers and other institutions receiving lots of federal money, it’s time to batten down the hatches. Storm’s a-brewing. Last ...