No time to lose! Start using IRS’s new 2018 withholding tables ASAP
Let Payroll know: IRS has just given your payroll staffers the information they need most to get their job done this year — and they must begin using that info after February 15.
The new 2018 federal withholding tables have been released.
Here’s what you and your team need to know.
Still more to come
The new withholding tables reflect the increase in the standard deduction, as well as the repeal of personal exemptions and changes to both tax rates and brackets. And as promised, they’re set up to work with employees’ existing W-4s on file.
Get familiar fast – you’re required to use these by Feb. 15.
This isn’t the last you’ll be hearing on the subject. IRS says it will issue additional guidance, including:
- a new withholding tax calculator on IRS’s website, and
- a revised W-4 to account for the tax law changes.
We’ll let you know as each new update gets released.
To download IRS Notice 1036, go to irs.gov/pub/irs-pdf/n1036.pdf
Free Training & Resources
Webinars
Provided by Yooz
Further Reading
It’ll cost more in 2023 if you don’t display the required workplace posters. To complicate matters, electronic postings may be ...
A rule that hadn’t changed since 1954 may be getting an update. The IRS has proposed eliminating the 1099 filing requirement for paym...
The IRS has finalized the tax year 2026 Form W-2, solidifying more of the reporting requirements established by federal legislation passed ...
When employers fail to honor wage and hour settlement agreements, the Department of Labor’s next step is to seek a court order. In th...
One-week paycheck delays would leave nearly eight in 10 U.S. workers scrambling to cover bills, according to PayrollOrg’s 2025 Getting Pa...
After payday, an employee flags a missing differential. HR sends the details to payroll, and the team begins retracing punches, schedules, ...