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 ...
Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. The current top tax rate for individuals is 37%. In 2025, this tax rate applies to ...
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 ...
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