withholding

March 12, 2018 | Juanita Farmer, CPA

Revised Form W-4: Check your Withholding

The Tax Cuts and Jobs Act made changes to the tax law, including increasing the standard deduction, removing personal exemptions, increasing the child tax credit, limiting or discontinuing certain deductions and changing the tax rates and brackets. As such, a new version of Form W-4, Employee’s Withholding Allowance Certificate, was released on February 28. Taxpayers with […]

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