Why the Tax Form W-4 Is Important in Payroll?
Last modified 11/3/2020 12:01:08 PM EST | Added by Paywow Team

The purpose of Tax Form W-4 is simple? It is used by your employer to withhold the proper amount of federal income tax from your paycheck. The IRS recommends that employees submit a new W-4 tax form each year, or any time their personal or financial situation changes. Of course, this is required upon being hired. Our in-house CPP gives us insight into the importance of a Tax Form W-4.