IRS Form 941, also known as the Employer’s Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security taxes, and Medicare taxes withheld from ...

Tax withholding refers to the amount of federal income tax withheld from your paycheck. The amount your employer withholds from your regular pay depends on the amount you earn and the information you ...

If you're still scrambling to get your taxes filed before the April 15 deadline, an extension can take the pressure off. Normally, the IRS recommends that people file their income tax return as early ...

The IRS advises taxpayers not to depend on receiving a refund by a specific date, particularly when making significant ...

The IRS has introduced a strategic initiative to encourage citizens to report tax fraud, offering financial rewards for ...

South Carolina residents had extra time this year to file income taxes because of Hurricane Helene, but that time is about to ...

The IRS offers the amended tax return process to ensure accurate federal tax records for individuals or entities. Even for ...

This little-known tax credit could save your business thousands of dollars per eligible hire. Here's how it works.

A financial advisor can help you assess whether the correct amount is being withheld and recommend adjustments to avoid surprises come tax time. Withholding tax refers to the portion of your income ...

T he taxation of Social Security benefits is determined through a specific calculation. While not all benefits are tax-free, ...