There are plenty of provisions in the massive tax bill known as the One Big Beautiful Bill Act that lawmakers are hotly contesting as Republicans rush to finalize the bill by their self-imposed July 4 ...

The proposed overtime tax break would function similarly to the tip income deduction. Overtime wages would still be subject ...

OTTAWA - A top federal official said fixing the payroll problems caused by Phoenix cost taxpayers more than $5 billion — and they'll keep paying extra to run two public ...

The minister urged Tinubu to address the FCT residents on the importance of tax compliance, to enable the FCT Administration deliver more infrastructure in the nation's capital for the good of all.

Senate Republicans plan to delay and make less onerous a levy targeting foreign companies and investors from countries that the US determines have been unfairly taxing US companies. The provision, ...

Former NASCAR team owner Ronald Devine pleaded guilty to failing to pay payroll taxes. He misallocated funds, faces up to 5 years in prison, and a $250,000 fine.

CHARLOTTE, N.C. — Former NASCAR team owner Ronald Devine pleaded guilty in federal court Wednesday to failing to pay payroll taxes, the latest legal setback for the former BK Racing owner who ...

The NHL’s state tax problem is real, no matter how much Gary Bettman wants to ignore it A salary cap imbalance in the NHL is having a profound effect.

So, in the case of someone like Panarin of the Rangers he would still earn $11.64M, but only count as $10.53M against the cap to offset the tax — thereby paying him much closer to a Florida ...

The FUTA tax is 6% of each terminated employee's FUTA wages, but this typically results in a net 0.6% tax rate if you qualify for applicable tax credit reductions, according to the IRS.

The taxman’s analysis of payroll numbers in the private sector between June and September showed that average gross monthly pay for workers posted a rare 2.89 percent year-on-year drop to Sh75 ...