To say that 2020 has brought a lot of change into our lives is an understatement. Now that businesses have started to reopen and employee pay may have been adjusted from earlier projections, it is an ideal time to do what we call a “Paycheck Check-up” to ensure the desired amount of federal withholding tax is withheld each pay period.
Access the online withholding calculator here.
We urge you to share this information with your employees so that they can take proactive measures before the end of this year.
If you have questions, please consult with your payroll service or tax advisor. If you do not currently have a payroll service or tax advisor, we welcome the opportunity to serve you. Please call 215-723-4881 or contact us here.