Bottom Line Tax & Accounting LLC

The Internal Revenue Service issued the following statement this week: “The IRS is closely monitoring the pending legislation on 2018 tax withholding in Congress and preparing guidance. ‎We anticipate issuing the initial withholding guidance (Notice 1036) in January to reflect the new legislation, which would allow taxpayers to see changes as early as February 2018. We will work closely with the nation's payroll and tax professional communities during this process.”

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