Even though you only have to file a federal income tax return once per year, you generally must make tax payments to the IRS ...

The Internal Revenue Service requires most businesses to withhold three taxes from employee paychecks. There's federal income tax and the two FICA taxes: Social Security and Medicare. IRS rules ...

To help figure the proper income tax withholding, the redesigned Form W-4 no longer uses an employee’s marital status and withholding allowances, which were tied to the value of the personal exemption ...

Some retirement income sources have varied options for withholding tax payments - these are explored. Estimated payments can be used in lieu of withholding and are discussed. Options on how to ...

Your business must pay taxes. Depending on the business form you use, such as a C corporation or LLC, income tax must be paid by either the company or the owner. In addition, you must pay employment ...

The jackpot for Wednesday's Powerball drawing is $930 million. However, the windfall would significantly shrink after taxes.

"Withholding." "Adjusted income." "Standard deduction." With Tax Day approaching, many new to the workforce are searching for explanations to help them make sense of all the lingo. Shannon McLay knows ...