Amidst growing concerns about the solvency of Social Security, a new bill, H.R. 904, proposes to eliminate federal taxes on ...

Payroll tax and income tax are similar concepts, and if you work a job in the United States, you'll likely see withholdings for both on your paycheck. The payroll tax system usually refers to ...

Victoria is the highest taxing state in Australia, with the Allan government set to grab $50bn from its residents and businesses by 2030.

Here's an explanation of what the NBA's second apron is, why they need to get under it, and how they can make it happen.

The contentious tax applies to companies above a $10 million payroll threshold in New York City and surrounding counties. The MTA’s financial woes are well-documented. The agency had $45.7 ...

Amid a Trump administration agreement to allow DHS access to sensitive IRS taxpayer data, some tax preparation firms say filings this year plummeted.

In closed-door state budget negotiations with legislative staff this week, the governor’s team discussed the possibility of hiking the payroll mobility tax in the five boroughs for the second ...

The World Series champions topped Major League Baseball with a $353 million payroll and a $103 million bill for exceeding the Competitive Balance Tax threshold. In both cases, the New York Mets we ...

The Houston Astros expanded their payroll ... tax for a second consecutive year, especially if they move to address other needs (first base, left-handed hitting outfielder). The first CBT ...

According to a report from Shi Davidi of Sportsnet, the Blue Jays are thought to have gotten their 2024 player payroll below the first competitive balance tax threshold of $237M. However ...

But a lesser-known tax change will also impact higher-income workers. The Social Security Administration on Oct. 10 unveiled a higher threshold for earnings subject to Social Security payroll ...