Get a checkup for your paycheck
As you are likely aware, late last year the federal government enacted the most significant federal tax reform in 30 years – the Tax Cuts and Jobs Act which took effect January 1. This law could significantly affect your individual tax situation, especially for California residents, so USC employees are strongly urged to perform a “paycheck checkup” using the IRS online withholding calculator to ensure that your federal tax withholding is appropriate for your particular tax position. The calculator will help you evaluate your expected 2018 income tax liability and provide recommended adjustments you may consider making to your individual withholdings for the remainder of calendar year 2018.
Questions may be directed to Susan Burbar, Director of University Taxation, at email@example.com.Contact the editors