On December 5, 2019, the Internal Revenue Service (IRS) released the final 2020 Form W-4, Employee’s Withholding Certificate.
Dec of 2017 The Tax Cuts and Jobs Act was passed and it was one of the most significant tax changes in sometime. The change to the W-4 due to Tax reform will be the largest change to the form in US History. This webinar will prepare the payroll professional to understand the changes to the form W-4 for 2020 and how to calculate taxes in 2020. before these changes the Form W-4 was a critical form that all companies have to obtain from employees, that drives how federal income withholding tax is calculated.
A review of the IRS specific laws around processing of the Form W-4 and how they should be handled will be discussed. In this webinar expert speaker Dayna Reum will Review potential recent updates, discuss concerns around proper processing and your role in processing according to the IRS.
