However, exemptions apply to those earning P250,000 or less annually, employees covered by substituted filing, individuals whose income is subjected to final withholding tax and minimum wage earners.

The Trump administration on Monday froze $2.2 billion in federal funding for Harvard after the school refused to agree to a ...

IndyStar is tracking what bills moved each week through the Indiana General Assembly's 2025 legislative session.

The FTR allows for a reduced withholding tax rate of 0.25 percent ... P@SHA Chief elaborated that the Final Tax Regime (FTR) for IT and ITeS exports should be restored for the next 10 years ...

People familiar with the situation told the outlets that a final decision on Trump’s directive is imminent. Though the president can make requests with the IRS, the agency has sole authority to ...

By checking tax withholding, individuals can prevent having to owe additional money and any potential penalties at tax time.

is urging taxpayers to review their tax withholding to avoid unexpected tax bills or penalties when filing next year. Tax withholding refers to the amount of federal income tax withheld from your ...

That’s because of a system we rarely question: automatic tax withholding. Withholding, created during World War II to fund the war effort, has made federal, state and local income-tax collection ...

Did you owe a ton of taxes this year? Or maybe you got a refund you weren’t expecting? Here’s a look at how to get a handle ...