When you get a bonus — or other supplemental wages such as severance pay, commissions, etc. — your employer must withhold some of the money to send to the IRS for taxes. Your employer may withhold 22 ...

Americans receving year-end bonuses or gifts may be suprised at how small it is. Here's why it may have shrunk.

Thinking about that end-of-year bonus? While a new study suggests that the number of workers getting a bonus has been slipping (fewer than 40% of employees received a bonus payment in December 2024 ...

The new temporary tax break 'makes a good idea even better,' according to one financial planner. The senior bonus deducts up to $12,000, but you can use the break to get much more in tax savings, ...

Your holiday bonus is a reward for the work you've put in all year, and it deserves a plan that honors both your present and your future. You've earned this money, and the best approach lets you enjoy ...