Although the deduction can be as high as $25,000 per tax return, the Tax Policy Center projects an average benefit of ...

Confused about how Social Security taxes are calculated and where the money goes? Here are seven key facts about the payroll ...

The Social Security retirement and Medicare Hospital Insurance (HI) trust funds are approaching insolvency, with both trust ...

WASHINGTON (AP) — The Trump administration on Friday allowed employers to suspend the collection of some Social Security taxes, although business groups dislike the idea and it may create political ...

Employers are already adapting their overtime and payroll strategies now that the law is in effect. What Is “No Tax on ...

The question is top of mind for many this week as half of the IRS is furloughed, but the federal tax extension deadline is ...

IRS regulations require that Social Security and Medicare withholding (FICA) be deducted from all student paychecks when the student is NOT enrolled with a minimum of six (6) credit hours for the ...

New employees must complete both Form W-4 (Employee’s Withholding Allowance Certificate) and Form VA-4 (Employee’s Virginia Income Tax Withholding Exemption Certificate) online in Workday. If no form ...

mployers who withheld taxes on severance pay granted to certain terminated employees may be entitled to refunds. In CSX Corp., 52 Fed. Cl. 208 (2002), the Court of Federal Claims approved the refund ...