Sentences with phrase «wage withholding»
"Wage withholding" means that a certain portion of a person's earnings, usually taxes owed to the government, is deducted or taken directly from their paycheck by their employer before they receive the rest of their wages. Full definition
An employer should use the information from a federal W - 4 to calculate an employee's state wage withholding.
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The agency can start wage withholding through a parent's employer without first obtaining a court order.
Wage withholding orders may also be ordered.
If wage withholding for the year equals the amount of tax you owed in the previous year, then you wouldn't need to pay estimated taxes, no matter how much extra tax you owe on your windfall.
The so - called boom that ensued was a stock - market bubble created by channeling wage withholding into shares of the companies taken over by Chile's kleptocrats.
Third, the tax giveaway includes a $ 120 billion reduction in Social Security contributions by labor — reducing the FICA wage withholding from 6.2 per cent to 4.2 per cent.
Steering wage withholding into the stock market would bid up prices simply via supply and demand, not because of rising corporate earnings in a debt - deflated economy.
Court papers, canceled checks or wage withholding statements that show how much you pay for child support.
The state may take action to impose wage withholding, which establishes automatic deductions for child support from the noncustodial parent's paychecks.
Besides implementing an increase in wage withholding, the Child Support Bureau, or a local prosecuting attorney's child support division, may pursue the collection of child support payments from the non-custodial parent's federal or state tax refund.
Child support payments go to the Texas State Disbursement Unit, typically by automatic wage withholding.
The major elements in U.S. family budgets are housing (with prices bid up on credit), debt service and health insurance — and wage withholding for financializing Social Security and Medicare.
Meanwhile, wage withholding for Social Security and Medicare (paying in advance to build up a fund that may not even exist to help them later in life) absorbs more than 15 percent of income, and other taxes (income taxes, property taxes and sales taxes) take up another 10 percent to 25 percent.
You may still be able to avoid paying estimated tax by increasing your wage withholding.
Example: Suppose you expect your wage withholding to be just enough to cover your income tax liability.
Then you should consider whether it makes sense to cover that amount by increasing your wage withholding, if that opportunity is available.
All child support orders include a wage withholding order without any court action required to begin the garnishment process if the debts go unpaid.
Such payments may be necessary, for example, if you are self - employed, or if your wage withholding is not sufficient.
When an ex-spouse fails to pay child support or alimony ordered by the court in a divorce, Oregon state laws allow the other spouse to request a wage withholding order.
If granted, a wage withholding order requires direct deductions from the ex-spouse's wages to pay the amounts owed for child support and alimony.
If an ex-spouse breaches the child support or alimony terms from the divorce agreement or judgment, Oregon state laws establish other enforcement options in addition to wage withholding.
If neither parent is receiving public assistance, a wage withholding order is usually still issued unless both parents and the court agree to an alternative arrangement.
In New Mexico, child support must be paid through a wage withholding order if either parent is receiving public assistance.
The court may require security or wage withholding.
Alternatively, a party may also request a wage withholding order through the same court that handled the original case for divorce.
The wage withholding order requires an employer to deduct the monthly support amount from the paying parent's income and forward it to the other parent.
A parent can ask for enforcement help and request a wage withholding order through the Oregon Department of Justice Division of Child Support.
A wage withholding or wage assignment is utilized to deduct court - ordered child support from a party, generally the non-custodial parent.