2019 W-4 Proposed Changes
Changes could possibly be coming to your 2019 W-4 - Employee’s Withholding Allowance Certificate. The IRS issued a draft W-4 form in June that changes the information captured on the form. If the form were to be finalized as drafted, employees would no longer enter in their number of allowances; instead, they would enter in dollar amounts to more closely mimic the tax calculation. The IRS is currently seeking employer comments on this www.regulations.gov page with a deadline of September 18, 2018. Escape Technology is closely monitoring and planning for the any changes and will post upcoming plans on the Regulatory Changes page of our website.