IRS Will Address 2013 Paycheck Withholding By Dec. 31
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The U.S. Internal Revenue Service will issue guidance by Dec. 31 on paycheck withholding for 2013, as Congress continues to haggle over tax rates for next year.
“We are aware that employers have questions with respect to 2013 withholding,” the agency said in a statement today. “Since Congress is still considering changes to the tax law, we continue to closely monitor the situation.”