In early August the Internal Revenue Service (IRS) released a new online Tax Withholding Estimator (the “Estimator”), which has been redesigned to make it easier for employees to have the right amount of tax withheld during the year. Many taxpayers earlier this year faced surprise tax bills, or refunds that were lower than expected because their withholding wasn’t adjusted for tax law changes that took effect in 2018.  Read the full article from ADP here.

Go to the Estimator directly.