Payroll News

Payroll Week: Feb. 16 to Feb. 22

Feb. 14, 2020, 2:39 PM

Feb. 20, 21: Semiweekly depositors—Deposit Social Security, Medicare, and withheld federal income taxes.

Feb. 17: Federal holiday—Washington’s Birthday

Feb. 18: Form W-4—Employees claiming exemption from income tax withholding in 2019 should file new form.

Feb. 18: Monthly depositors—Deposit payroll-related taxes for January.

Feb. 19: Income withholding—Employers start withholding for employees who claimed exemption from withholding in 2019 but did not file Form W-4 to continue withholding exemption in 2020.

New Form W-4: Withholding in 2020, Line by Line. An updated payroll special report by Bloomberg Tax & Accounting.

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