February 28, 2018
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On February 28, 2018, the IRS issued the 2018 Form W-4, which includes the updated tax table information. Although employees are not required to complete a new Form W-4 each year, it is considered a best practice. This year is particularly significant given the updated tax tables issued as a result of the December 2017 tax overhaul. Even if employees completed a Form W-4 in 2018 using the 2017 form, employers should consider making the 2018 form available in the event employees need to make changes consistent with the new tax legislation.
- Provide the new form (or Spanish version) to current employees to update their withholding exemptions for 2018 in light of the recent tax legislation.
- Include the 2018 Form W-4 in new hire onboarding documents.
Disclaimer: This document is designed to provide general information and guidance concerning employment-related issues. It is presented with the understanding that ManagEase is not engaged in rendering any legal opinions. If a legal opinion is needed, please contact the services of your own legal adviser.
© 2018 ManagEase