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Why your year-end bonus looks lighter this year — taxes, fees and hidden deductions explained
Americans opening year-end bonus statements face a shock. A large chunk of extra pay vanishes immediately due to tax rules.
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 ...
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