IRS issues new guidelines for tax withholding

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Feb. 15, 2018 deadline looms for employers

The Internal Revenue Service (IRS) has released new guidelines on tax withholding from employees’ paychecks. Notice 1036 reflects recent changes in tax law. The IRS requires employers to implement new withholding tables by February 15, 2018, less than a month from CBT’s publication date. Notice 1036 can be viewed or downloaded from the IRS at the following link: https://www.irs.gov/pub/irs-pdf/n1036.pdf

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