Most employers had no problems meeting the February 15, 2018, deadline to begin using the 2018 federal income tax withholding tables, which reflect changes made by the Tax Cuts and Jobs Act (TCJA). However, many employees question how the TCJA will affect them. Those are findings of a recent American Payroll Association survey of 1,000… Read more »
Author: mliscool
IRS Releases New Withholding Tables: Employees Will See Changes Soon
On January 11, the IRS released updated 2018 income tax withholding tables, which reflect changes made by the new Tax Cuts and Jobs Act. This is the first in a series of steps that the IRS will take to help improve the accuracy of withholding following major changes made by the new tax law, the… Read more »