Knowledge Resources | Mobility Taxes
The IRS released today the updated 2018 withholding tables which include a decrease in the 2018 supplemental rate from 25% to 22%. The withholding tables must be implemented by February 15, 2018, however, employers are encouraged to start using them as soon as possible. Employees will begin to see the effects of the new tax laws in their paychecks in February.
Tax reform has officially passed both the House and the Senate and is now on its way to the President’s desk, how will this impact your mobility program?