When there is a significant life event such as having a baby or a spouse getting laid off, employees want and need to know how this affects their paycheck. Or maybe there’s not a significant life event, but they realize too much or too little tax is being withheld (after getting a tax refund or being hit with a tax bill) and want to see if they can avoid that by changing their withholding elections. Or, as a payroll manager, you need to figure out what a gross pay needs to be to result in a certain...(read more)
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