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The IRS is reminding taxpayers that checking tax withholding early in 2025 can help prevent costly surprises when filing their return in 2026. The agency recommends using its free online Tax ...
LAHORE: A footwear manufacturer failed to defy a show-cause notice regarding collection of withholding tax. The taxpayer contended that the notice issued by the taxation officer was flawed as it ...
QUESTION: I’m a retired public sector worker and do some part time work also. My take home pay varied in the last tax year, and I was paying emergency tax and then I got a big net pay increase ...
The government has officially abolished the 10% withholding tax on lottery winnings. This move applies to all forms of games of chance, including gaming, betting, lotto, and similar activities.
New withholding tax rates from the 2024 tax year will be applied as of September 2025. The default rate changes for married or former couples. At present, when you are married or past, you ...
Catherine Cortez Masto, D-Nev. The Mobile Workforce State Income Tax Simplification Act of 2025, S. 1443, says that employees working outside their home state must work in a state for more than 30 ...
The Jharkhand High Court has held that withholding tax refunds beyond the statutorily prescribed period without adequate justification, violates Section 55 of the Jharkhand Value Added Tax Act ...
Tax Foundation President & CEO Daniel Bunn discusses the idea of the Trump administration changing the income tax withholding system on ‘The Will Cain Show.’ Menu Fox News ...
That’s because of a system we rarely question: automatic tax withholding. Withholding, created during World War II to fund the war effort, has made federal, state and local income-tax collection ...
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