Today at Berkeley Lab

Tax, Withholding Changes Due to ‘Tax Cuts and Jobs Act’ Legislation

The recent signing of the Tax Cuts and Jobs act will incur significant changes to 2018 income tax rates and withholding from employee paychecks. The IRS has released withholding guidance to implement this legislation. The Lab will update its HR/Payroll system once the software patch is released. The IRS may also revise the W-4 form to comply with the new regulations. More>