Backup withholding occurs when payers must send 24% of payments to the IRS due to taxpayer info issues. Common triggers include incorrect TINs or unreported income leading to IRS-required withholding.

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Top House Democrats tore into the Trump administration on Friday night for withholding available food aid for millions of low-income Americans, saying the decision is both callous and illegal. “It is ...

This paper investigates the effects of withholding taxes on cross-border trade in services, using a newly compiled dataset covering the universe of bilateral service imports and withholding tax rates ...

In many tax jurisdictions, dividend and bond interest payments made to foreign investors are subject to withholding tax (WHT), applied by the country where the security is domiciled. The purpose of ...

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AI coding tools are getting better fast. If you don’t work in code, it can be hard to notice how much things are changing, but GPT-5 and Gemini 2.5 have made a whole new set of developer tricks ...

Washington state has filed another lawsuit against the Trump administration — this time for rescinding over $9 million in congressionally approved funds meant to help fight climate change. The lawsuit ...

Taxpayers and tax professionals alike expected the IRS to issue new withholding tables and Forms W-2 to reflect changes under the One Big Beautiful Bill Act. The IRS now says that won’t happen in 2025 ...

The IRS said Thursday it will delay making changes to certain information returns or withholding tables, as part of its phased implementation of H.R. 1, P.L. 119-21, commonly known as the One Big ...

Washington — The Trump administration violated federal law by withholding congressionally appropriated funding for the Head Start program from being spent, according to a new report by Congress's ...