Employers using the percentage method of withholding will pay employee bonuses separately from regular salaries, and those bonuses will be subject to a flat bonus tax rate. For bonuses of less than $1 ...

Corrections & Clarifications: This story was updated to correct the deadline to file past due returns for 2021, which is April 18. With the clock ticking on tax season, the IRS is reminding Americans ...

U.S. Treasury Secretary Janet Yellen said on Tuesday she is looking for G20 countries to reach political agreement on a global minimum corporate tax deal at their summit in October and has not ruled ...