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Posts Tagged ‘w-4’

IRS Releases an “Early” Draft of the 2020 W-4

In response to changes in federal taxes by the Tax Cuts and Jobs Act (TCJA) passed in December of 2017, the IRS released an early draft of the new 2020 W-4 on May 30th. Read more about the reasons for the change here. This new form will require payroll software and service providers to change […]

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Updates on the 2020 W-4 Saga

Late last year, word from the IRS was that we could take a sneak peek of the new W-4 in March of this year. Read more here about the information we had at that time. As background, the Tax Cuts and Jobs Act (TCJA) – passed in December of 2017 – made significant changes to […]

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What’s New with the W-4 in 2019?

The Tax Cuts and Jobs Act (TCJA) - passed in December of 2017 - still has payroll professionals on edge as they continue to wait for the IRS to finalize the calculation for withholding federal tax from employees. The TCJA made significant changes to how federal tax is calculated for individual taxpayers. In addition, many […]

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