For Americans aged 65 and older, the IRS offers valuable opportunities to reduce taxable income and save on taxes. Through ...

In addition, the University will deduct certain authorized, voluntary deductions (e.g., health insurance premiums, loan payments to any U.S. bank or credit union, United Way contributions and parking ...

This deduction is noted on the employee’s pay statement as FICA (actual social security deposits) and FICA MED (contributions to Medicare) and are combined to equal 7.65% of the employee’s taxable pay ...

Receiving a bonus can be a delightful surprise, but the joy might be short-lived once you realize the tax implications. Learn ...

For salaried Indians, a higher income offers greater opportunities for saving and investing. However, understanding the tax ...

This is the gross pay for the pay period before any deductions, including wages, tips, bonuses, etc. You can calculate this from an annual salary by dividing the annual salary by the number of pay ...

Academic Faculty First business day of the month for the previous month of work. Academic pay for “B” contract faculty is distributed over 12 months resulting in pre-payment the first half of the ...