Each year, employees receive a Form W-2 that provides details of the prior year’s earnings, taxes withheld, and other miscellaneous data (such as the taxable cost of group term life insurance, the ...

The new income tax regime’s revised tax slabs introduce rates ranging from 5% to 30%, with incremental increases across ...

Enabling this, CBDT notified the amendments and the new Form 12BAA, last month. The new form enables an employee to offset ...

In the vibrant world of social media, influencers are redefining entrepreneurship. Platforms like TikTok have given rise to a ...

An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock. What Is an Employee Stock Ownership Plan ...

The meteoric growth in law firm nonequity partners often comes with a side effect attorneys dislike: thousands of dollars in ...

The facility of online submission of this form will be given shortly after process of collecting the digital signature of the employer is completed. – Employee will be allowed to submit their ...

Year-end is when participants who defer income in nonqualified plans choose how much to squirrel away. The 2025 IRS limits on ...

When you start a new job, you'll be asked to fill out IRS Form W-4, otherwise known as an Employee's Withholding Certificate. With the information you supply, your employer will calculate how much ...

Please refer to the Management Tools for instructions for managing hourly employee payroll. Federal income tax is calculated based on IRS tax tables and ... by the number of exemptions indicated on ...

Once Jeremy does find a job he can stick with, he’ll learn that it’s also hard for employees to get much in the way of tax deductions. Still, there are things they can do before year-end to save tax.

The IRS has released the 2025 cost-of-living adjustments applicable to the dollar limitations on benefits and contributions of retirement plans and health and welfare benefit plans. We recommend ...