IRS Overhauls Form W-4 for 2020 Employee Withholding

The Internal Revenue Service (IRS) has released the final version of the 2020 Form W-4, retitled Employee's Withholding Certificate, with major revisions designed to make accurate income-tax withholding easier for employees starting next calendar year. All new employees hired as of January 1, 2020, must complete the new form. Current employees are not required to complete a new form, but can choose to adjust their withholding based on the new form. Any adjustments made after January 1, 2020,
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