Really exciting news from the IRS regarding Form W4…(sarcasm alert!) well maybe not that exciting, however this change could impact every employee hired after January 2020. Form W4 is required to be completed by all employees and it tells the business how much to withhold from the employee paycheck. In an effort to simplify things, there may be changes coming to the form. The proposed changes are not final until January 2020 so more updates could be on the way.
Thank you to our sponsor Ideal Payroll Service. Contact Ideal at 402-614-3028 for all your small business payroll, time keeping, and human capital management needs!