With the passage of the Tax Cuts and Jobs Act of 2017 signed into law in December, many wage earners are left to struggle with the question: how do I know what to withhold in 2018? Fortunately, the Internal Revenue Service (IRS) has anticipated that question, and has provided a handy tool to be used in calculating your tax implications for 2018. The IRS withholding calculator takes the guesswork out of determining how you can plan to meet your tax burden under the new legislation to avoid an unexpected tax bill, and to benefit from the reduced withholding … [Read more...]