March 6, 2020

Form W-4, Employee\’s Withholding Certificate, has been redesigned for 2020. Previously, income tax withholding was based on an employee\’s marital status and withholding allowances or tied to the value of the personal exemption. With the revised Form W-4, however, income tax withholding is generally based on the worker\’s expected filing status and standard deduction for the […]