This tax proposal would do more than make tips income tax-exempt for servers. While this tax proposal promises to benefit ...

Hiring appetite among UK businesses has slumped to its weakest point in 13 years, as rising taxes, policy uncertainty and ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

The Labour government’s payroll tax is costing the UK jobs, depressing workers’ earnings and pushing up food prices, Bank of ...

More workers feel confident about how much they're spending on streaming services than toward taxes and health insurance.

For 2025, the Social Security tax rate is 6.2% each for employer and employee, totaling 12.4%, with a wage base limit of $176,100, according to the IRS. The Medicare tax is 1.45% each, totaling 2. ...

Responding to a call from an advisor in California, the ERISA consultants at the Retirement Learning Center (RLC) address a question concerning the hierarchy of payroll deductions in relation to ...

The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...

The KRA said last November it was witnessing a trend where companies are trimming average gross monthly pay for employees, while others are increasingly tapping tax refunds to offset payroll taxes.