CNBC Quotes AICPA Tax Director in Story about New IRS Tax Withholding Tables

January 23, 2018

A January 11 CNBC article by Darla Mercado reports about revisions to the IRS withholding tables to implement the Tax Cuts and Jobs Act and how the new tables will impact taxpayers’ paychecks.  A key form for accurate withholding is the W-4, which instructs employers about how much to withhold from workers’ paychecks.  Melissa Labant, director of tax policy and advocacy for the AICPA, stated, "Given the changes in the tax code, it's a good time to look at your W-4.  You don't want any surprises, especially when that surprise is a large balance due come tax time."