IRS Issues Publication 15 (Circular E) With Form W-4 Guidance

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2018/02/09/irs-issues-publication-15-(circular-e)-with-form-w-4-guidance
IRS Publication 15 (Circular E), Employer's Tax Guide, was released by the IRS on January 29, 2018.

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2018 Federal Percentage Method Income Tax Withholding Tables Released

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2018/02/08/2018-federal-percentage-method-income-tax-withholding-tables-released
On January 11, the IRS released Notice 1036. All of the withholding allowance amounts have increased, the optional flat rate for supplemental wages up to and including $1 million has decreased to...

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Form W-4 and Withholding Tax Calculator to Be Revised

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2018/02/07/form-w-4-and-withholding-tax-calculator-to-be-revised
The IRS has announced that it is revising Form W-4 and its online withholding tax calculator. The revisions will reflect changes made by the Tax Cuts and Jobs Act. Until a new Form W-4 is issued, the...

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2018 Standard Mileage Rates After Federal Tax Reform

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2018/02/06/2018-standard-mileage-rates-after-federal-tax-reform

The Tax Cuts and Jobs Act (TCJA; Pub. L. 115-97) suspends the deduction for miles driven for moving purposes for tax years 2018 through 2025. This means that all job-related moving expenses paid by...

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Employers Get 30 More Days to Give 2017 Forms 1095-C to Employees

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2018/02/05/employers-get-30-more-days-to-give-2017-forms-1095-c-to-employees
The IRS has extended the deadline to March 2, 2018, for employers and insurers to give the 2017 ACA Forms 1095-C and 1095-B to employees and covered individuals.

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2018 Federal Percentage Method Income Tax Withholding Tables Released Custom Field Test

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On January 11, the IRS released Notice 1036. All of the withholding allowance amounts have increased, the optional flat rate for supplemental wages up to and including $1 million has decreased to...

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President Trump Signs Tax Reform Legislation

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2018/02/04/president-trump-signs-tax-reform-legislation

On December 22, President Trump signed H.R. 1, unofficially known as the Tax Cuts and Jobs Act (TCJA), into law (Pub. L. 115-97). The TCJA, which marks the most sweeping tax changes in 30 years, will...

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APA Makes Headlines for Stance on GOP’s Tax Bill

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2018/02/03/apa-makes-headlines-for-stance-on-gop-s-tax-bill
The American Payroll Association (APA) loudly voiced its concerns on the GOP’s “Tax Cuts and Jobs Act” by penning a letter to the Congress lawmakers on the bill (H.R. 1).

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APA Requests Tax Reform Transition Relief

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2018/02/02/apa-requests-tax-reform-transition-relief
With concerns about implementation of the Tax Cuts and Jobs Act (Pub. L. 115-97), APA asked the U.S. House of Representatives and Senate for transition relief for payroll.

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Social Security Wage Base Updated for 2018

https://www.americanpayroll.org/news-resources/apa-news/news-detail/2018/02/01/social-security-wage-base-updated-for-2018
The 2018 social security wage base will be $128,400, not $128,700 as the Social Security Administration (SSA) previously reported. This is still an increase of $1,200 from $127,200 in 2017. The lower...

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