Navigating the complexities of payroll taxes is crucial for every American worker. FICA taxes, in particular, play a ...

Even when workers don’t have a federal income tax obligation, workers and their employers must pay federal payroll taxes, which fund Social Security and Medicare programs. That also means they ...

The tax hikes are meant to boost New Jersey’s cash-strapped temporary disability and family leave insurance funds.

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...

Most Americans are in favor of making the wealthy pay more while reducing their benefits. The government could increase the ...

The survey shows that 85% of respondents believe Social Security benefits should stay the same or even increase, even if that ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

That all changed after the COVID-19 pandemic when you could finally park your cash in a high-yield savings account and earn a decent interest rate. Rather than being the exception, this was the ...

Citi analysts projected an addition of 195,000 jobs to U.S. payrolls, maintaining the unemployment rate at 4.1%. The forecast comes amid recent employment data that has shown resilience, with notable ...

Countries around the world have long used tariffs, a tax on imports ... $2 per shirt) and “tariff-rate quotas,” which are tariffs that kick in or rise significantly after a certain amount ...

Nine states rang in the new year by lowering their income tax rates. Find out if your state was one of them. Thomas is a native of upstate New York and a graduate of the University at Albany.

When Finance Minister Nirmala Sitharaman rose to present Budget 2025, few anticipated the bold move that would dominate conversations across the country. In a landmark announcement, she revealed ...