How Tax Reform Will Affect Employee Payroll Taxes In 2018
One of the most important pieces of tax legislation in recent years was signed into law by the president in December of 2017. Originally introduced as the Tax Cuts and Jobs Act, the final version of the bill is known simply as the 2017 Tax Act. The new tax law contains several provisions that affect how companies process employee payroll. The 2017 Tax Act makes changes to both business and personal tax regulations.