The following is a summary of individual tax changes effective in 2018:
The new brackets under the tax act are: 10%, 12%, 22%, 24%, 32%, 35% and 37%.
The deduction for personal exemptions has been suspended for years 2018 through 2025.
The standard deduction was increased as follows:
$24,000 married filing joint or a surviving spouse
$18,000 for head of … Read More ›
The Form W-4P Withholding on Pensions and Annuity Payments release has been posted on our website on the Annual Tax Releases page.
Please contact Maria Solis if you have any questions about the releases.
The Third Party Payments of Sick Pay release has been posted on the Annual Tax Releases page of our website.
Please contact Maria Solis if you have any questions about the release.