Tax Reform Archives | GTM Household

What Household Employers Need to Know About the New Form W-4

by Trevor Sparks | Jan 24, 2020 | Hiring an Employee, Household Payroll & Taxes, Tax & Wage Laws, Tax Reform

With the changes to tax law brought on by the 2017 Tax Cuts and Jobs Act (TCJA), the IRS has revised the method an employer uses to determine how much federal income tax to withhold from an employee’s paycheck. As part of this overhaul, the IRS released a new...

Updated W-4 and Withholding Calculator Will Help Employees with Accurate Tax Withholdings

by Trevor Sparks | Mar 1, 2018 | Household Payroll & Taxes, Tax Reform

The Internal Revenue Service released an updated withholding calculator and an updated W-4 form to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December. If you withhold income taxes from your domestic...

How Tax Reform May Impact Your Family

by Trevor Sparks | Jan 26, 2018 | Tax & Wage Laws, Tax Reform

Recent tax reform under the Tax Cuts and Jobs Act (TCJA) made significant changes to income tax rates, exemptions, deductions, credits, and more. These changes may impact your tax liability and determine whether you will owe more or less in taxes for 2018. Please note...

What Household Employers Need to Know About the New Form W-4

Updated W-4 and Withholding Calculator Will Help Employees with Accurate Tax Withholdings

How Tax Reform May Impact Your Family

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