The IRS created a one-page flyer employers can give to employees to remind them to complete a Paycheck Checkup so they will not receive an unexpected tax bill or penalty at tax time.
The publication reminds employees to use the IRS’s withholding calculator to complete the Paycheck Checkup. Employees who use the withholding calculator can determine if they need to submit a new Form W-4, Employee’s Withholding Allowance Certificate, to their employer. Employees should keep in mind that the accuracy of the calculator’s results depend on the information they enter. The IRS suggests that employees have their most recent pay statement and federal income tax return on hand when using the calculator.
Please see linked flyer to hand out to your employees. We hope you find this useful.