That’s because your employer withholds some money from each paycheck in the form of withholding taxes, which help pay your income tax bill throughout the year. It’s important to understand how ...

If your tax bill or refund is bigger than expected, it may be time to adjust your paycheck withholding. Here’s an easy way to do it.

ABUJA – In an effort to boost the economy, the Federal Inland Revenue Service, FIRS, has announced the commencement of the implementation of the withholding tax system. In a statement yesterday ...

This doesn't mean that you'll owe less taxes at year's end. You might owe more when you file your tax return depending on the information you've included on your W-4. This can happen if your ...

FIRS The Federal Inland Revenue Service (FIRS) has commenced the implementation of the withholding tax system to streamline tax collection, enhancing compliance, and boosting revenue for critical ...

Tax season is under way. But the process may be less aggravating this year—and for many of us, cost less too. On average, it takes taxpayers about 13 hours and $290 to prepare and file their ...

Passing such a bill should be easy and give President Trump a quick victory. Extending the 2017 tax reform, on the other hand, will be a bigger lift given Republican disagreements over lifting the ...

TikTok, Reddit, ChatGPT, Google and more. There's no shortage of tax help at your fingertips nowadays. But does that give you enough confidence to do your own taxes this year? Like almost any tax ...

Prime Minister Andrew Holness has signalled that the Government is considering a plan to reduce the withholding tax on dividends paid to Jamaican residents, as part of efforts to attract assets ...

My investment accounts don’t withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? As capital gains ...

After Budget 2025 generously slashed tax rates across all income ranges in the new tax regime, the general consensus is that the old regime is a thing of the past. Well, not yet for those paying rent.