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New Tax Plan, New Paycheck?

As we all know the Republicans have been promising tax cuts that will subsequently increase Americans paychecks starting in 2018. Many companies from around the country have been awaiting instruction from the IRS as to the new guidelines regarding the tax tables are brackets that will affect employee paychecks. Many Democrats are concerned that his change will systematically cause many taxpayers to under withhold taxes causing them to have an outstanding tax balance come tax time next year. It is always important to consult your CPA or Attorney regarding any changes to your W-4 or Estimated Tax Deposits before making those changes. If you have any questions about these new rules feel free to contact our office at 877.237.2919.

Written by
Karen Sibley
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