New Federal W-4 Form for 2020 – this year’s form is more complicated…

The IRS recently released the new W-4 Form for 2020. The goal is to make accurate income-tax withholding easier for employees; however, the form looks more complicated. This article from the Society for Human Resource Management provides more details, as does this list of FAQs offered by the IRS. Employers will want to begin using the new form with all new hires in 2020.

If you need additional assistance, feel free to contact one of our HR consultants.