Updated Withholding Calculator and Updated Form W-4 Released by IRS

On Wednesday, the IRS issued a news release regarding an updated withholding calculator. They also released the much anticipated and revised Form W-4. Check out the enclosed link to read the IRS News Release https://www.irs.gov/newsroom/updated-withholding-calculator-form-w-4-released-calculator-helps-taxpayers-review-withholding-following-new-tax-law.

Or, you can check out these links and go directly to the Form W-4 and withholding calculator.

If you would like additional information or to discuss the topics mentioned, please contact one of our Tax Services Group partners – Jim Wagoner, CPA, Brandon Cook, CPA, or Marie Jett, CPA.