As you may have heard, the Form W-4 has gotten a makeover for 2020.
Our system has been updated to accommodate for the modified form and its new fields. Although it is not required, DM Payroll Solutions recommends you have your employees complete an updated Form W-4 as soon as possible, if they haven’t already, to ensure accurate withholdings for 2020. This is also a good time to remind employees to do a “paycheck check-up” using the IRS’ Tax Withholding Estimator to ensure their withholdings are as desired.
Read our recent article New Form W-4 Coming in 2020 to learn more about the new form and its main revisions.
DM Payroll Solutions offers an easy option for having employees complete a new form through our self-service MyInfo portal quickly. Contact us to help you consolidate your payroll and tax compliance needs.
