Whether the 2017 tax act will create new jobs and lead employers to raise workers’ pay is hotly debated. Corporations say that they’ll share tax savings with workers and invest in job growth, but critics are skeptical. https://goo.gl/BpxKRN #GlobalHR #HRTech
IRS Aims to Issue New Paycheck Withholding Tables in January
Following the enactment of the 2017 tax act, the IRS announced that it will issue revised tax withholding tables and W-4 forms for employees’ paychecks in January, so that taxpayers can begin seeing the benefits of the change as early as February.. https://goo.gl/wmkZsM #GlobalHR #HRTech
What Individual Mandate Repeal Means for Employers
The 2017 tax act effectively repeals the Affordable Care Act’s (ACA’s) requirement that most Americans obtain ACA-compliant health coverage, effective in 2019. Here’s how it will affect employer-sponsored health plans now, and what it portends for the future of the employer health care mandate and related reporting obligations. https://goo.gl/4oR8aY #GlobalHR #HRTech
