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As the old adage goes, taxes are a fact of life.
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Your salary is regarded as regular payment, while your bonus is considered supplemental wages.
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Increasingly, the economy is shifting to workers with multiple and irregular income streams. In this article, we'll break down everything you need to. And if you stumbled upon this blog post, you're probably curious to know what exactly you're paying for. As the old adage goes, taxes are a fact of life. Salary and bonus payments are subject to federal income tax, social security tax, medicare tax, and applicable state taxes.
Tax lawyers play many important roles, although the role itself can vary greatly.
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