IRS to Overhaul Form W-4 This Year
The agency is changing paycheck withholdings
You finally finished your taxes and are learning – for better or worse – the ins and outs of the new law.
But wait, the law isn’t done with you. There’s another complication coming out later this year: The Internal Revenue Service is changing how you adjust your paycheck withholdings, and early indicators show it won’t be easy.
The agency plans to release a new W-4 form that better incorporates the changes ushered in by the new tax law so that the amount held back for taxes in each of your paychecks is more accurate.
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