Curious about the new tax code? We have boiled down five aspects of the tax bill you should know.
Well, it’s official. Washington has passed a sweeping tax reform bill not seen in decades. The bill passed just before the holidays, signaling the potential for another strong year in the American economy.
Curious about the new tax code? We have boiled down five aspects of the tax bill you should know:
How Will Tax Changes Impact The American Economy?
According to the Tax Foundation, the recent changes will have a profound influence on the economy. Below are a few estimates regarding the economic impact of the Tax Cuts and Jobs Act:
2018 tax changes stressing you out? No need to worry, PaycheckCity has a Tax Reform Calculator and Interactive Graph to show the impact of 2018 tax changes on your paycheck!
New withholding lock-in letters are expected to be approved in the near future. Once these letters are updated, the previous letters will be replaced. Employers and employees should know how to treat these lock-in letters.
Gross pay and net pay are two important terms to understand. Which pay is most important to me, and how do I calculate it? With the PaycheckCity net pay calculators, gross pay calculators, and other resources, calculating paychecks is simpler than ever.
The start of the new decade presented many significant changes that impact paychecks. Federal, state, and local tax rates across the country typically change with the coming of the new year. Wage bases also change at the Federal and state level.
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