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What is withholding tax? How it works and how to avoid owing at tax time
Ever look at your paycheck and wonder why the amount you actually take home is a lot less than what you earned? That’s where withholding tax comes in.
The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.
Whether you work as a salaried employee or receive income from a pension, commission or other sources, understanding how much tax should be withheld from your earnings is crucial. Withholding too ...
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