For instance, the OASDI or OASDI/EE tax listed on a pay stub is not a tax one hears about every day. However, it funds a program familiar to almost everyone. OASDI is an acronym for the Old-Age, ...

Tax returns are deeply personal. Many factors and life changes can affect yours. Why your refund may be different from the ...

If your tax liability is more than you can handle by the filing deadline, you have a few options—including help from the IRS itself. We explain everything you need to know so you can plan ahead.

Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.

Starting April 2025, thousands of retirees will receive retroactive payments due to recent Social Security benefit increases.

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...