USPS: Employees urged to do paycheck checkup

USPS and the Internal Revenue Service are encouraging employees to conduct a paycheck checkup to determine whether they need to update their tax withholding for 2020. Updating federal withholding is especially important for employees who had an unexpectedly high tax bill or a penalty this year. Similarly, employees who have had a major life change…

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USPS: New tax withholding estimator available

The Internal Revenue Service has a new mobile-friendly online tool that makes it easier for workers to ensure the right amount of tax is withheld during the year. The Tax Withholding Estimator replaces the IRS’s Withholding Calculator, which previously provided an online method for checking withholding. The estimator uses a plain language, step-by-step format that…

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