the New Year comes a new W-4 form. The W-4 or “Employee’s Withholding
Certificate” has a new design to increase the accuracy of the withholding
system. Allowances are no longer used in the redesign of the W-4.
ALL NEW EMPLOYEES IN 2020 MUST USE
THE NEW W-4 FORM.
We will no longer be able to except previous years W-4 forms.
employees do not need to fill out a new W-4 just because they are a new design.
We will be able to continue to calculate withholding tax based on the most
recently submitted W-4 form. However, please keep in mind that the New Year is
the best time for employees to make adjustments to their tax withholding.
as the IRS releases the final draft it will be available on our website under
“Payroll” and forms at the bottom of the page. We will also have the forms
available at our office if you want to stop by and pick some up.