Proper Tax Withholding
The Government Accountability Office (GAO), in a report assessing the impact of the Tax Cuts and Jobs Act provisions and the withholding allowances established by the IRS, has estimated 21% of taxpayers will be underwithheld for 2018, up from 18% in 2017.
In response to critics, the Internal Revenue Service, decided to delay changes to it's proposed new W-4 Form until 2020.
LORI RAYNOHA | 09/25/2018
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