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.

Federal Cabinet has reinstated a 25% income tax rebate for teachers after FTO intervention. Learn more about the decision.

FTO Advisor Legal stated that teachers’ tax rebate at 25 percent remained admissible over decades i.e. ever since the ...

Retirees face a very different tax landscape — one that can be both confusing and costly. The U.S. tax system operates on a ...

When you get your bonus check, it may feel like you’re getting taxed higher than normal. But what’s actually happening is ...

Tony Futia at an IRS hearing in New Windsor with a box of 500 pages of documents By Dan Murphy With President Donald Trump ...

April 15 is the drop-dead date for filing a 2021 federal income tax return, if you haven't done so. The IRS says many are ...

You may be surprised to discover that unemployment benefits are taxable. These payouts are subject to federal income taxes and, depending on where you live, state income taxes. But don't ...

You can ask your state unemployment office to withhold a flat 10% for federal income taxes by filling out IRS Form W-4V, Voluntary Withholding Request. If your state has its own withholding form ...

PROVIDENCE, R.I. (WLNE) — A Rhode Island businesswoman who collected but did not pay over eight years in employee federal withholding taxes was sentenced in U.S. District Court. Gail M.

Withholding tax is deducted from employee wages to prepay state and federal taxes. Different types apply, including for income, Social Security, and Medicare. To calculate, adjust for allowances ...

The federal government is finally dumping the ... It will also cover Value Added Tax (VAT), Withholding Tax and Stamp Duties. The tax reform bills are expected to be passed before the end of ...