IRS Postpones Changes to Form W-4

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The Tax Cuts and Jobs Act (TCJA) made significant changes to the manner in which individual income taxes are calculated. To accommodate and plan for the many changes included in the TCJA, taxpayers would be wise to consider their income tax withholdings on their salaries and wages to ensure that the amounts being withheld in […]

Additional Payroll and Withholding Guidance Issued by IRS

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The massive changes set forth in the Tax Cuts and Jobs Act (TCJA) signed by the President on December 22, 2017, and effective for tax year 2018, continue to be a challenge for employers facing withholding responsibilities. It seems that few employees have expressed an interest in modifying their Forms W-4, Employee’s Withholding Allowance Certificate, […]

Treasury Issues New Payroll Withholding Tables

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A problem arising from the lateness in 2017 of enacting the Tax Cuts and Jobs Act on December 22, 2017, is the inability of the Internal Revenue Service (IRS) to address certain key administrative matters timely.  One of the most significant of these administrative matters has been the revision of the income tax withholding tables […]

2016 Payroll and Other Tax Developments

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As you begin the new year, we would like to remind you of a number of important business changes that have been implemented by Congress, the Internal Revenue Service, and other authorities for calendar year 2016. We hope that you will find this information helpful. Please view the following PDF for complete information: 1-16 Payroll Tax […]