Federal Tax Withholding for 2018

Federal Tax Withholding for 2018 – In late 2017 Congress passed a major tax bill which resulted in lower Federal taxes for many Americans.  When we reviewed taxes with our 2017 clients, we offered the warning “don’t spend it, ’cause they will want it back”.  In February of this year, the IRS changed their withholding tables and mostly reduced the amount of tax being withheld from paychecks.  The intention was…  Read more

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