IRS proposes rules to update income tax withholding, revises Form W-4

IRS Tax News – IRS proposes rules to update income tax withholding, revises Form W-4
The IRS proposed new regulations for withholding on individuals’ wages to reflect the statutory changes in the law known as the Tax Cuts and Jobs Act, including the elimination of the personal exemption.
Source: IRS Tax News – IRS proposes rules to update income tax withholding, revises Form W-4