Oct
2
2018Redesigned W-4 Form to Launch in 2020 | Houston Benefits Partners
When will the new Form W-4 be released? In 2020, according to a press release published by the Treasury Department on September 20, 2018. The department announced that the IRS will implement a redesigned W-4 form for tax year 2020, a timeline that will allow for continued work to refine the new approach for the form. As a result of the enactment of the 2017…
Read More
Read More
Mar
8
2018IRS Releases New Form W-4 and Updates Withholding Calculator | TX Benefit Advisors
Our February 7, 2018 blog post reported on the late February release of the Form W-4 and guidance on the income withholding rules that changed under the Tax Cuts and Jobs Act. On February 28, 2018, the federal Internal Revenue Service (IRS) released the new 2018 Form W-4 and an updated withholding calculator. Why a Withholding Calculator? The IRS encourages the use of the withholding…
Read More
Read More
Feb
15
2018Federal Employment Law Update – February 2018 | Houston Employee Benefits
IRS Releases Publication 15 and W-4 Withholding Guidance for 2018 On January 31, 2018, the federal Internal Revenue Service (IRS) released Publication 15 — Introductory Material, which includes the following: 2018 federal income tax withholding tables. Exempt Form W-4 New information on: Withholding allowance. Withholding on supplemental wages. Backup withholding. Moving expense reimbursement. Social Security and Medicare tax for 2018. Disaster tax relief. Read Publication…
Read More
Read More
Feb
7
20182018 W-4 Forms Won’t Be Released Until Late February | Texas Benefit Advisors
If you’ve been getting questions from your employees about completing new 2018 W-4 forms to take advantage of the tax reform rules, we’ve finally received some answers. You can continue to rely on the current W-4 forms for now until the new 2018 form is released in late February. The January 29th Internal Revenue Service (IRS) Notice 2018-14 provides additional guidance on the income withholding…
Read More
Read More
Jan
16
2018Nothing Is Certain, But Death and LESS Taxes… | Texas Benefit Consultants
On January 11, 2018, the Internal Revenue Service released its income tax withholding tables for 2018 reflecting changes made by the December 2017 tax reform legislation. The updated withholding information provides the new rates for employers to use during 2018. Employers are encouraged to use these tables as soon as possible but must use them by no later than February 15, 2018. Employers should continue to…
Read More
Read More