Are your employees asking questions about their paychecks and withholdings?

 

You can tell them ... Time for a Paycheck Checkup!

Following tax law changes, you should do a paycheck checkup using the IRS’s Withholding Calculator and, if necessary, complete a new  W-4 form. The calculator helps determine the right amount of withholding.

Check if you ...

  • Are a two-income family.
  • Have two or more jobs at the same time or only work part of the year.
  • Claim credits like the child tax credit.
  • Have dependents age 17 or older.
  • Itemized deductions in 2017.
  • Have a high income or a complex tax return.
  • Have a large tax refund or tax bill for 2017.
  • So grab your most recent paystub and get to calculating. This withholding calculator makes it easy, just be sure to read each instruction carefully. By preparing and making a few adjustments now that mean mere dollars on your paycheck, you can avoid owing Uncle Sam anything next April.

Visit IRS.gov/withholding for details.

 

Got something else you're scratching your head about, or need help communicating to the team? Let us know, we LOVE to help! Just click below to submit a topic or a question, and we'll provide the answers. Connecting people and technology #forabetterworkplace.

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