Range reports high earners must pay quarterly estimated taxes if they owe over $1,000, with specific guidelines to avoid ...

$220.00 federal income tax withholding + 76.50 total FICA withholding + 46.30 state income tax withholding = $342.80 in total bonus tax withholding. The net bonus you issue to your employee equals ...

The Kenya Revenue Authority (KRA) has unveiled new interest rates that will be used to calculate tax on employee and company ...

But you probably have one central question: are bonuses taxed higher than regular income?  You might be surprised to learn ...

Understanding tax obligations for additional income is crucial for AY 2025-26. This guide details how to report earnings from ...

You may be the most honest taxpayer, with a perfect record of tax compliance, diligently filing each year’s tax return, on ...

The Kenya Revenue Authority (KRA) has announced the new fringe benefits tax and deemed interest tax rates to serve for the ...

For example, if your tax bill last year was $30,000, this year you would pay $33,000 (10 percent more) in estimated and/or withholding taxes to avoid underpayment penalties.

Direct tax has also witnessed a significant shift in its composition as the share of advance taxes increased from 29.8 percent to 33.8 percent, while there was a marginal decline in the ...

Employers in India must navigate various payroll taxes, including income tax, EPF, and ESI, ensuring accurate calculations ...

Even as markets perk up, job jitters haven’t exactly left the building. In fact, job insecurity is rattling workers across ...

Currently set at 0.6 percent, the withholding tax on bank withdrawals by non-filers may be increased to 1.2 percent. Additionally, the government is considering a further levy on daily withdrawals ...