New W4 for 2020

Published: 1/14/2020 5:48:25 PM

Welcome to my first Blog about tax and accounting issues. New employees hired after January 1 2020 will have a W4 very different from previous years. A W4 is a form used by the employer to determine the correct withholding. The form goes into depth regarding topics like do you have a second job? Do you have other unearned income like interest and dividends? Did you take more than a standard deduction? And some other questions. May people may find this complex so I encourage you to reach out if needed to your tax practitioner. What is the purpose of

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