New U.S. tax law could impact paychecks by February
The first paychecks of 2018 will be dispatched soon, but it may be weeks or months before taxpayers and payroll processors know how the new U.S. tax laws will affect your take-home pay.
The Internal Revenue Service said it expected to issue guidance in January on how much in taxes employers should withhold based on the new tax rates. Employers and payroll services would then implement those changes starting in February.
You might not even notice when it happens because the effect on your paycheck could be relatively small, depending on your income and your tax situation.
"When the taxes are reduced by 1 to 3 percent, that’s not going to be a huge noticeable difference. It’s not going to be hundreds of dollars," said Pete Isberg, vice president of government relations at ADP, the largest payroll processor in the United States, servicing the paychecks of one out of every six workers.
A difference of $1,000, for instance, would be less than $40 a pop for a worker paid biweekly.
Your paycheck is not actually a clear indicator of whether your overall taxes have gone up or down because of the new tax law. There may be other factors in your tax situation -- such as owning a property or having multiple children -- that could affect how much you owe Uncle Sam at the end of the year.
https://www.msn.com/en-us/money/taxes/new-us-tax-law-could-impact-paychecks-by-february/ar-BBHNh2z?li=BBnb7Kz&ocid=edgsp
In other words the new tax law is not going to be the political lift the GOPers are hoping for.
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You don't? 
Remember when they took that payroll cut away while arguing the Bush tax cuts should be permanent for the rich, too?
You don't?
Well, get ready. Here we go again.
got my paycheck today and nothing is different ... really thought the Medicare and Soc Sec taxes would be eliminated and fed and states minimal.. naw...
all is the same 😑
oh yeh, bestist biggest yuuuugest tax cut in all history!!
