New W-4 Form Released
The IRS just posted an updated W-4 Employee’s Withholding Allowance Certificate to help address the tax cuts that go into effect in 2018.
Employers are not required to collect new W-4 forms in 2018. However, the IRS encourages employees with the following circumstances to review their current withholding amount to avoid unexpected tax bills or penalties during the 2019 tax season.
- Have two incomes or are in two-income families.
- Work only part of the year.
- Have dividends or capital gains from securities held in taxable accounts.
- Claim the Child Tax Credit, the Earned Income Tax Credit or other credits.
- Itemized deductions in 2017.
- Have high incomes and more complex tax returns.
Employees may now update and submit their W-4 forms to employers. The IRS’ withholding calculator helps employees determine the right amount of tax to withhold from their paychecks.
March 2018 Regulatory Updates — Read more
– Documents Released for California Immigrant Worker Protection Act
– California Employers Can Prohibit Recreational Marijuana Use at Work
– California Pay Stub Reminders
– Pointers for California’s Salary History Ban
Ask the HR Expert — Get the answer
Q: I have an employee who doesn’t maintain good hygiene. How do I broach this delicate topic with this employee?