Recipients of periodic or annuity retirement plan distributions provide a Form W-4P to payors of pension or annuity payments for the correct amount of federal income tax to be withheld from these ...

Tax forms can seem daunting and confusing, so in an effort to simplify the process, the IRS has overhauled the federal income withholding form. Here's what you need to know about the new W-4s. For the ...

Tax Reporting Requirements Form W-8 helps foreign individuals and businesses certify their eligibility for tax rate reductions or withholding exemptions under applicable tax treaties on U.S.-sourced ...

Earlier this year, the IRS released draft versions of 2022 Forms W-4P and W-4R for pension and IRA withholding on payments, to be used beginning on or after January 1, 2022. In short, the draft forms ...

The Tax Cuts and Jobs Act of 2017 (TCJA) is nearly a year old, and the Internal Revenue Service (IRS) is still struggling to figure out how to assist taxpayers with their withholding under the new law ...