New IRS assistant helps employers withhold the right amount of income tax

• The IRS has launched a new online assistant designed to help employers, especially small businesses, easily determine the right amount of federal income tax to withhold from their workers’ pay.

• Now available for download, without charge, on IRS.gov, the Income Tax Withholding Assistant for Employers, is designed to help any employer who would otherwise figure withholding manually, using a worksheet and either the percentage method or wage bracket tables found in Publication 15-T, Federal Income Tax Withholding Methods.

• Employers who already use an automated payroll system won’t need this new assistant because their system already does the math.

Go to https://www.irs.gov/newsroom/new-downloadable-assistant-helps-small-businesses-withhold-the-right-amount-of-income-tax