The webinar will also cover other payroll changes for 2021, including new key dollar amounts, the e-filing mandate and more. This webinar will cover the new Form W-4 that employees are to use for withholding starting in 2021. The new W-4 is different from the old W-4, in that there are no more dependency exemptions. The way employers calculate withholding has also changed. Another layer of complexity involves employees who have an βoldβ W-4 on file.
Employers are to continue using that old W-4, meaning two different ways of calculating withholding are used, depending on which version of the W-4 is on file. The webinar will also cover other payroll changes for 2021, including new key dollar amounts, the e-filing mandate and more.