federal and benefits-related payroll deductions are coming out of each paycheck. Knowing this information beforehand helps you better plan your personal or business finances and create a budget that ...

Voluntary paycheck deductions are taken for programs in which individuals participate voluntarily, e.g., health insurance, dental insurance, retirement, etc. Participation in these programs may ...

Mistake #1: Not Taking a Deduction for IRA Contributions Made If you contribute to a traditional (not a Roth) Individual Retirement Account (IRA), then you may be eligible to deduct that ...