2018 Tax Withholding Tables Released
The Internal Revenue Service (IRS) has released IRS Notice 1036, Early Release Copies of the 2018 Percentage Method Tables for Income Tax Withholding. Reflecting changes made by the Tax Cuts and Jobs Act, the notice updates the income tax withholding tables for 2018.
Employers should begin using the 2018 withholding tables as soon as possible, but not later than February 15, 2018. The new withholding tables are designed to work with the Forms W-4 that workers have already filed with their employers.
Find out more and read IRS Notice 1036 HERE