It covers your federal tax withholding and helps pay your share of federal taxes in real-time. In 2022 alone, employers withheld over $2.7 trillion in federal income tax from U.S. workers.

Trump has wielded federal funding as leverage to push its politics on California before. The president last month threatened to choke off the state’s cash flow if a transgender athlete participated in ...

Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...

California Gov. Gavin Newsom suggested withholding the state's taxes amid reports the Trump administration may cut funding for the state's universities.

In this episode of Tax Notes Talk, Jonathan Samford and Kevin Klein of the Global Business Alliance discuss the proposed ...

The Nassau University Medical Center’s fight over the withdrawn funds sparked a “hostile takeover” by the governor to appoint new members to its board of directors, according to ...

For the second straight year, state officials are withholding millions of dollars from Milwaukee Public Schools. The total amount being withheld is now more than $42 million.

The state does not handle other excise taxes, such as those from airports, transportation and more, that the federal government receives, according to the Finance Department.

Congress is debating whether to increase the cap on state and local tax (SALT) deductions, which would generally decrease the ...

Advertisement State withholding more money from Milwaukee Public Schools after another missed deadline MPS missed deadlines to submit financial reports to the state on May 16 and May 30.