W-4: Timing for Implementing Changes - by 1/1/20?
We'd like your input on your plans for implementing the W-4 2020 changes. Are you planning to implement by 1/1/20, in the back office and/or for ESS? The IRS FAQ, https://www.irs.gov/newsroom/faqs-on-the-2020-form-w-4 , question 15, says new employee's must submit this form. Anyone have any practical tax or legal advice you can share especially if you aren't planning a full implementation by 1/1/20?
Employer FAQs
15. Are new employees first paid after 2019 required to use the redesigned form?
Yes. All new employees first paid after 2019 must use the redesigned form. Similarly, any other employee who wishes to adjust their withholding must use the redesigned form.