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RSS FeedsThe Latest: IRS says bill could benefit taxpayers by Feb.
(WorldNews Business)

 
 

14 december 2017 04:40:08

 
The Latest: IRS says bill could benefit taxpayers by Feb.
(WorldNews Business)
 


WASHINGTON (AP) - The Latest on the Republican tax overhaul (all times local): 9:30 p.m. The IRS says taxpayers could begin seeing less money withheld from their paychecks `as early as February` if Congress passes a Republican tax overhaul plan this month. The agency says in a statement released Wednesday night that it `is continuing to closely monitor the pending legislation in Congress,` and `taking the initial steps to prepare guidance on withholding for 2018.` The IRS says it expects to issue new withholding guidance in January reflecting the new legislation. The bill would provide generous tax cuts for corporations and the wealthiest Americans. Middle- and low-income families would get...


 
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