The IRS recently updated its income tax bracket ranges and the standard deduction for 2025. Depending on your income level, ...

NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...

federal and benefits-related payroll deductions are coming out of each paycheck. Knowing this information beforehand helps you better plan your personal or business finances and create a budget that ...

Understanding how paycheck deductions work can make it easier to manage finances and ensure the correct amount of take-home pay is received. This is essential for making informed decisions about ...

unless the deduction is as a result of a court or government order. Voluntary paycheck deductions are taken for programs in which individuals participate voluntarily, e.g., health insurance, dental ...

state and local withholding and employment taxes from an employee´s paycheck. In addition, the University will deduct certain authorized, voluntary deductions (e.g., health insurance premiums, loan ...

This is the gross pay for the pay period before any deductions, including wages, tips, bonuses, etc. You can calculate this from an annual salary by dividing the annual salary by the number of pay ...

All benefit-eligible faculty and staff may elect to sign up for payroll deduction in order to have charging privileges on campus. If you sign up for payroll deduction, you agree to allow the ...

unless the deduction is as a result of a court or government order. Voluntary paycheck deductions are taken for programs in which individuals participate voluntarily, e.g., health insurance, dental ...

This is the gross pay for the pay period before any deductions, including wages, tips, bonuses, etc. You can calculate this from an annual salary by dividing the annual salary by the number of pay ...