Understanding the new W-4 form & online tools.

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While all employees you hire in 2020 must fill out the newly revised W-4 withholding form, you don't need to get revised W-4s from your current employees, unless they make withholding changes this year. The IRS is encouraging you to point staff to the IRS's upgraded Tax Withholding Estimator, an online calculator to determine how much to withhold.

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