Tag: paycheck withholding

Our February 1, 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…

The following question recently came from one of our clients requesting our assistance to better understand and manage this issue Question:  On an employee’s W-4 he claimed “Single 1” AND “exempt”. This was back in July. He is just now coming to us stating it should have been exempt, not single 1. What is our…