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Updated 2018 Withholding Tables Now Available; Taxpayers Could See Paycheck Changes by February

Internal Revenue Service press release ---------- The Internal Revenue Service today released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made by the tax reform legislation enacted last month. This is the first in a series of steps that IRS will take to help improve the accuracy of withholding following major changes made by the new tax law. The updated withholding information, posted today on IRS.gov, shows the new rates for employers to use during 2018. Employers should begin using the 2018 withholding tables as soon as possible, but not later than Feb. 15, 2018. They should continue to use the 2017 withholding tables until implementing the 2018 withholding tables. To get more in depth information click on the picture below to read the release.

Updated 2018 Withholding Tables Now Available; Taxpayers Could See Paycheck Changes by February - Read More from IRS

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