NEW TAX TABLES


The new tax tables have been released and offer employees a good opportunity to review your W-4.

But exercise patience: The IRS is revising form W-4, though a release date is not yet available. “The Internal Revenue Service (IRS) has updated the income-tax withholding tables for 2018 to reflect changes made by the new tax law. The updated tables reflect the new rates for employers to use during the 2018 tax year. “

PLEASE NOTE: The tax tables on IRS.GOV haven’t yet been updated.

Employers are instructed to use the 2018 withholding tables as soon as possible, but not later than February 15, 2018.

Read additional information (from Forbes) here.

#taxreform #taxpreparation #payroll #taxtable #IRS #employees #taxplanning #individualtax #1040 #W2 #W4

 Our primary goal as a trusted advisor is to be available and to provide insightful advice to enable our clients to make informed financial decisions.

Continually striving for accuracy, excellence and the highest level of integrity.

Strive Tax & Accounting, LLC

CPA's specializing in small business tax and accounting with emphasis in construction and manufacturing for corporation and passthrough entities.

PO Box 28353

Green Bay, WI 54324

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