IRS Releases New 2018 Withholding Tables; Payroll Changes Required by February 15, 2018

APPLIES TO

All Employers

EFFECTIVE

February 15, 2018

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On January 11, 2018, the Internal Revenue Service (“IRS”) released Notice 1036, which updates the 2018 income tax withholding tables in accordance with the recently enacted tax reform legislation. Employers should begin using the 2018 withholding rates as soon as possible, but no later than February 15, 2018.