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    1. W

      Is a "Flat Tax" Legal on Profit Sharing Checks?

      What is the name of your state? Iowa Our company just informed us today, that they are now going to use a "flat tax" calculation method for figuring Federal and State (IA) withholdings on our bonus and profit sharing checks. They state in their letter to us, that this is mandated by the IRS? I...
    2. W

      Taxes on Profit Sharing??

      What is the name of your state? Iowa Our company just informed us today, that they are now going to use a "flat tax" calculation method for figuring Federal and State (IA) withholdings on our bonus and profit sharing checks. They state in their letter to us, that this is mandated by the IRS? I...

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