5 smart tax moves seniors should make before April 15
Here are some key tax moves seniors should make before the April 15 tax filing deadline: ...
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What Is Withholding Tax? Overview, Types & How to Calculate It
Withholding tax is deducted from employee wages to prepay state and federal taxes. Different types apply, including for income, Social Security, and Medicare. To calculate, adjust for allowances ...
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Reasons why the IRS can reduce your tax refund
In the United States, not every taxpayer will receive their tax refund as anticipated. Many may encounter reduced payments or ...
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Finance Minister tables Bill to abolish 10% withholding tax on betting winnings from lottery
The Minister of Finance, Dr Cassiel Ato Forson, on Thursday laid the Income Tax Amendment Bill, (Act 896) 2025, before Parliament, to abolish the 10% withholding tax on all betting winnings from ...
6 Proven Strategies to Boost Your Tax Refund
Maximize your tax refund with strategies like adjusting your withholding, contributing to retirement accounts, taking ...
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IRS warns of social media ‘tax advice’ that can lead to jail time, $5,000 fine
The "advice" calls for taxpayers to claim large income and withholding amounts in order to receive a larger tax refund.
How to Handle Taxes When You Live and Work in a Different State
If you live in one state and work in another, taxes can be complicated. And the rules can vary significantly from state to ...