Federal withholding tax, or tax withholdings, is a set amount of money withheld by your employer and paid directly to the government. If you’re traditionally employed in the United States, you pay ...

Trump’s tax law may lead to massive refunds in 2026 as retroactive cuts take effect, boosting IRS payouts for millions of ...

Log-in to bookmark & organize content - it's free! National Taxpayers Union’s Pete Sepp and Economic Policy Institute’s Josh Bivens explained the concept of tax refunds and how adjusting federal ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Vithun Khamsong / Getty Images The ...

Taxpayers and tax professionals alike expected the IRS to issue new withholding tables and Forms W-2 to reflect changes under the One Big Beautiful Bill Act. The IRS now says that won’t happen in 2025 ...

Just days after this year's April tax deadline passed, the Internal Revenue Service (IRS) is urging taxpayers to review their tax withholding to avoid unexpected tax bills or penalties when filing ...

Changes to federal withholding tables mean that Survivor Benefit Plan annuitants -- in other words, those receiving benefit payments -- should check their annuitant account statements to see whether ...

The tax filing deadline – at least for most of the country – has come and gone but there are steps taxpayers need to take now to avoid issues in the future, the Internal Revenue Service is warning.

Backup withholding is a tax on certain nonpayroll income. Learn more about how it works, which payments it applies to and how to stop it. Many, or all, of the products featured on this page are from ...