188bet亚洲真人体育下载 Urges IRS and Treasury to Simplify Draft Form W-4

的 美国注册188bet亚洲真人体育下载 (188bet亚洲真人体育下载) urged the Internal Revenue Service (IRS) and the U.S. Department of the Treasury to simplify the draft 2019 Form W-4, Employee’s Withholding Allowance Certificate, and the accompanying instructions in a July 12 信.

“的 188bet亚洲真人体育下载 recommends a simplified Form W-4 that reduces withholding in an appropriate and fair manner without placing undue burden and onus on taxpayers and their employers,“安妮特·内伦, 188bet亚洲真人体育下载网址, CGMA, 收., chair of the 188bet亚洲真人体育下载 税 Executive Committee, wrote.

关于简单性, Nellen wrote that Form W-4 should not include nonwage income, 分项扣除和其他扣除, 税收抵免, and total pay of all lower paying jobs (“personal information”).  Nellen described the draft as “unduly complicated” and stated that it essentially requires taxpayers to calculate their tax liability.  “税payers need a Form W-4 that is easy to understand and simple to complete, thereby reducing compliance burdens and minimizing the risk of tax underpayment and penalties,她写道。.

Nellen recommended that the IRS and Treasury develop a simplified Form W-4 that does not request personal information.  She explained that many employees likely are apprehensive that providing employers with spousal and family income information on the Form W-4 can lead to unfair and discriminatory employment practices.  If taxpayers are unlikely to provide personal information about their other household income, 扣除和抵扣, they inadvertently face the risk of inaccurate and incomplete annual withholding calculations, which could then result in an increased level of underpayment of taxes and penalties, 她写.

最后, to prevent the shifting of unnecessary responsibilities and liability onto employers, the IRS and Treasury should provide employers a straightforward method to determine their employees’ withholdings, Nellen声明.  “的 Form W-4 has transformed from a long-standing form that was systematically distributed by employers to new employees as part of their initial onboarding process, to the current draft that employers need to calculate their employees’ withholdings on an annual basis.  This form transition is a significant change and the risks and responsibility of accurate withholding calculations have shifted to employers,她写道。.