January's collections were up 14% over January 2024 and beating official expectations for the month by 11%, or more than $400 ...
You can make changes to your withholding at any time by submitting a new W-4 form to your employer. If you’re required to pay state or local income taxes, you may face additional withholding for ...
(Withholding is the amount of money your employer deducts from your paycheck for federal and state taxes.) Adjusting your withholding helps ensure you're paying the right tax amount throughout the ...
be sure to let your employer know so it can adjust your state tax withholding. Auxier says sometimes people forget to ask their employers to change their state withholdings and they have to file ...
Additionally, state income tax laws regarding retirement ... Have Fewer Sources of Tax Withholding – For those with multiple ...
These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...
Taxes will require a little extra planning for the thousands of Americans who have lived or worked in multiple states last ...
Keep in mind that "in addition to federal withholding, you likely will need to have taxes withheld for Medicare and Social Security (also called FICA taxes), and your employer may withhold state ...
Reporter Brooke Thorington spoke with Louisiana Department of Revenue Secretary Richard Nelson to get some tips for staying ...