Announcement, January 28, 2020
The Internal Revenue Service (IRS) issued Publication 15-T “Federal Income Tax Withholding Methods” with 2020 Withholding Tables.
Announcement, January 6, 2020
Effective January 1, 2020, the form W-4 Employee’s Withholding Certificate for federal withholdings no longer has the option of allowances.
The 2020 form IT-2104 Employee’s Withholding Allowance Certificate for state and city withholdings still provides for allowances.
Learn more about the W-4 form changes on the IRS website.
Perform a quick Paycheck Checkup using the IRS withholding calculator and the IRS Publication 505, Tax Withholding and Estimated Tax (PDF).
Announcement, October 21, 2019
The Internal Revenue Service (IRS) provides important Paycheck Checkup reminders to help you avoid tax-time surprises.
Download the IRS publications:
IRS Publication 4929 "Is Your Refund or Tax Bill Too Big?"
IRS Publication 5303 "Paycheck Checkup Can Prevent a Tax-Time Surprise"
IRS Publication 5360 "How to Check Your Taxes Now to Avoid Surprises Later"
Every employee must complete two withholding forms:
The information you provide on these forms determines how much tax will be taken from your pay during the year. Ideally, your withholdings should be adjusted in such a way that neither you nor the taxing authority owe each other a balance at the end of the tax year.
Contents of the Withholdings section: