FACTOID # 42: English speaking kids are the world's biggest novel readers - but the least enthusiastic comic readers.
 
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Encyclopedia > Withholding

In the US, this refers to a deduction from an employee's salary by an employer for federal, state and local tax liabilities.


  Results from FactBites:
 
tired of withholding - be careful (1140 words)
Moreover, they understood that there would be strenuous resistance to withholding and that the government needed to take advantage of the window of opportunity presented by the war to get it implemented.
Withholding constituted a significant tax increase in and of itself, as well as making more effective high rates of taxation in the future.
Elimination of withholding would constitute a significant tax cut for individuals because they would once again have full use of their money until their taxes are due on April 15.
Office of State Tax Commissioner, Bismarck, North Dakota | Income Tax Withholding (208 words)
An employer is required to withhold North Dakota income tax from the wages of an employee if federal income tax is required to be withheld from such wages.
North Dakota withholding is computed by using one of three methods allowed employers.
Withholding Tables - This method is identical to Method 1, the primary method, except that no calculations are required.
  More results at FactBites »


 

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