Treasury lays out how new tax law will affect your take home pay

Treasury lays out how new tax law will affect your take home pay

Treasury lays out how new tax law will affect your take home pay
The Treasury Department on Thursday released the withholding tables for the new tax law.
The tables lay out how much tax to withhold or not withhold from paychecks. With these new guidelines, companies can start adjusting employee paychecks.
Treasury Secretary Steven Mnuchin said he expects about 90 percent of workers to see their paychecks increase.

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