With two of my sons working this summer and bringing home paychecks, I’m getting more and more questions from them about paycheck deductions. Both of them are working part-time. Although their ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in ...

Learn how to calculate payroll taxes in these easy steps. Follow our guide for accurate tax deductions, tips, and tools to simplify payroll processing. Calculating your employees’ gross pay is just ...

Whether you’re an employer running payroll or a W-2 employee trying to understand where your paycheck is going, it’s important to know which federal, state and benefits-related deductions come out of ...

Deductions from an employee’s or student’s wages will be in accordance with applicable law and with the individual’s consent, unless the deduction is as a result of a court or government order.

Understanding how paycheck deductions work can make it easier to manage finances and ensure the correct amount of take-home pay is received. This is essential for making informed decisions about ...

The updated rules stem from federal tax legislation passed in 2025, sometimes referred to as the 'One Big Beautiful Bill,' ...