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2020

1/1/2020

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Happy New Year!
It has been a very long time since I have posted anything, but I resolve to try to keep it up this year.
The main news at the moment is regarding the redesigned W-4 form for 2020.  Effective January 1st 2020, any new W4's must be submitted using the new form.
Current W-4's that were submitted prior to 2020 are still valid, and employees are not required to fill out the new form unless they make changes that require them to submit a new W-4.  All newly-hired employees must use the new form.
I believe there are going to be many questions about completing the form, but my advice is to just follow the directions, and to use the online estimator at www.irs.gov/W4app if necessary.
Please let me know if I can be of any help.
You can get the new forms at www.irs.gov, or here on my website on the Tools and Links tab.
Thank you!

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    Your friendly neighborhood Bookkeeper here, with news, tips, and information for you and your business.

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