New Tax Withholding Tables Released by the IRS

The Internal Revenue Service has released the updated income-tax withholding tables for 2018, the first in a series of adjustments the IRS will be making in accordance with the newly enacted tax reform legislation.

Employers should begin using the new withholding rates as soon as possible, but no later than February 15. The 2017 withholding tables can be used until the new rates are implemented.

Click here to read IRS Notice 1036 and view the 2018 withholding tables.

This text is provided with the understanding that ECFA is not rendering legal, accounting, or other professional advice or service. Professional advice on specific issues should be sought from an accountant, lawyer, or other professional.


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