Benefits Protection Report
IRS Releases New Withholding Tables for 2018
The IRS has released updated income-tax withholding tables for 2018 that reflect changes made by the tax reform law enacted at the end of December. Employers should begin using the 2018 withholding tables by Feb. 15, the IRS said.
 
Click here view the new tables
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The short-term Spending bill delivered a delay on three taxes
The short-term spending bill passed by Congress, suspends or delays three taxes imposed by the Affordable Care Act: a tax on medical devices, the ‘Cadillac tax’ on generous employer-sponsored health plans and a tax on health insurance companies.”

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Taking Advantage of the New Paid-Leave Tax Credit
The tax act signed into law last month created a federal tax credit for eligible employers that provide paid family and medical leave to their employees, beginning with leave taken in 2018.

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