Estimated taxes are due quarterly, usually on the 15th day of April, June, September and January of the following year. One ...

Federal income tax returns are due on April 15, but there are several other important dates to remember throughout the year.

your employer must use the percentage or aggregate model to calculate the federal tax withholding from your bonus — and for any supplemental income or cash equivalents that qualify as taxable ...

Employers calculate withholding taxes on bonuses using the percentage or aggregate method. If too much is withheld for taxes during the year, you'll get a tax refund after you file your tax return.

“It’s vital for employers to provide withholding records on time,” said Tax Commissioner James J. Alex. “Missing that deadline means that employees, retirees and customers could face ...

The Deduction of Tax at Source (Withholding) Regulations ... would make it easier for taxpayers with basic education to calculate their taxes independently. Statutory deductions, now referred ...

Employees who are expecting a vacation payout in February should take note of the 22% tax withholding imposed by the IRS.

The Federal Government has kicked-off the implementation of the 2024 Withholding Tax Regulations. The new regulations, approved in July last year and put into the gazette in October, took effect ...

Firms without Tax Identification Number (TIN) will not enjoy the exemption from Withholding Tax payment. This is one of the conditions stipulated in the Withholding Tax reform regulation which ...