Paycheck Protection Program stops issuing new loans | CNN Business

Anam - Modest Money Mindset on Instagram: "You get a $5,000 bonus. Then you open your paycheck and go “WTH, they took like 50% in taxes?!” 🤨 And just like that, half the excitement is gone 🫠 Here’s what actually happens☝🏽 It’s the payroll software. When it sees that big bonus hit your paycheck, it kinda thinks “Oh, this person makes this much EVERY paycheck now!” 🤔 So if you normally make $2,000 per paycheck, and suddenly one paycheck is $7,000 total, the system calculates your tax as if you