Ever look at your paycheck and wonder why the amount you actually take home is a lot less than what you earned? That’s where withholding tax comes in.

However, upon retirement, federal employees must shift from autopilot to manual control, taking responsibility for tax withholding themselves. This new obligation can be daunting due to its impact ...

Due to the Tax Cuts and Jobs Act, the Internal Revenue Service (IRS) has released a new federal Form W-4 Employee’s Withholding Certificate for tax year 2020. The new Form W-4 is significantly ...

they may want to file a tax return because they may have had federal income taxes or state income taxes withheld from their paycheck. They may want to file a tax return so they can get that money ...

Form 1099-G also shows how much money, if any, you had withheld from your benefits for federal and state income taxes, which you also report on your tax return. Most states also tax unemployment ...

This exemption from withholding is tied to the personal exemption, a federal tax break that was available to all taxpayers, regardless of their expenses, through 2017. The Tax Cuts and Jobs Act ...