Due to the Tax Cuts and Jobs Act, the Internal Revenue Service (IRS) has released a new federal Form W-4 Employee’s Withholding Certificate for tax year 2020. The new Form W-4 is significantly ...
Starting in January 2020, there’s a new design for Form W-4. The IRS explained that the redesign will reduce confusion for filers and enhance the transparency of the tax withholding system. Luckily, ...
Federal Form W-4 is used to help employers collect information needed to take out the proper amount of federal income taxes from employees’ paychecks. What the employee enters on the form will affect ...