United States

There's a new W-4 form that is supposedly less...taxing...to fill out

Breaking News EmailsGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.SUBSCRIBEJan. 2, 2020, 6:15 PM UTCBy Alyssa NewcombAnyone who has a New Year's resolution to change jobs, or wants to adjust the amount of taxes taken out of their paychecks in 2020, will have to tackle the IRS’s redesigned W-4 form.The new tax form is designed to be less complex, while also increasing the "transparency and accuracy of the withholding system,” according to the Internal Revenue Service.“While it uses the same underlying information as the old design, it replaces complicated worksheets with more straightforward questions that make accurate withholding easier for employees,” the IRS said on its ...