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Tax Reform and Your Employees: It May be Time for a Paycheck Checkup

Compliance
Article
12/20/2017

Many changes to the tax code have been enacted this year, and will continue to have an impact to businesses and their staff in 2019 and beyond. For instance, if your employees want to check their withholding before year-end, consider sharing the IRS withholding calculator and information around revising W-4s with them. We know that you are not your employees' tax advisor, but providing these resources can help them determine whether to make any adjustments before 2018 comes to a close.

Read on as we break down the latest details and business impact of the tax reform law.

Tax Reform Resources

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Employers are not their employees' tax advisors. Nonetheless, consider sharing the following information about revising W-4s so that employees' withholding closely matches their tax bill for the year.
This website contains articles posted for informational and educational value. Paychex is not responsible for information contained within any of these materials. Any opinions expressed within materials are not necessarily the opinion of, or supported by, Paychex. The information in these materials should not be considered legal or accounting advice, and it should not substitute for legal, accounting, and other professional advice where the facts and circumstances warrant.
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