Here's a look at how the medical expense deduction works and how you can make the most of it. Are medical expenses tax-deductible? Taxpayers can deduct qualified, unreimbursed medical expenses ...

Mr Tanui defended himself saying he had multiple sources of income, including being a large-scale farmer, and he used the ...

The situation is worse for workers with other obligations such as loan repayment whose take-home pay has fallen below a third ...

Paychex is a top 401 (k) plan provider offering retirement plan administration, employee benefits, and payroll processing ...

Before you start house hunting, you need to know how much house you can afford. Use our free mortgage calculator to get an idea of what your monthly mortgage payment could look like. Simple ...

Understand what tax liability is, how it's calculated, and its impact on your finances. Learn about different types of tax ...

15,00,000 30% In the 2024 Budget, the standard deduction limit for salaried employees has been increased to Rs. 75,000. For family pensioners, the limit has been raised to Rs. 25,000. This change is ...

To get quick and easy access to new payroll deductions tables and other recently announced tax information, you can subscribe, free of charge, to one or more of these electronic mailing lists. If you ...

The Payroll Deductions Formulas guide (T4127), effective January 1, 2025, is now available. Please note that we provide an electronic service that notifies you of any changes for payroll deductions.

Please refer to the Management Tools for instructions for managing hourly employee payroll. Federal income tax is calculated based on IRS tax tables and selections made on Form W-4. State and local ...

We test and rate payroll services for small businesses to help you choose the best one. I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993.