The 2017 W-2s accept been produced in myHR for those who provided accord above-mentioned to 1/1/2018. If an agent did not accommodate consent, cardboard forms will be mailed to the commitment abode on book by 1/31/2018. Admission to the cyberbanking W-2 will be accessible to ALL advisers after in February.
Below are a few important reminders accompanying to this year’s form:
Please note, Annual Bacon Letters are accessible on the institutional analysis webpage per accepted operating procedure. Starting with 2016-2017 data, these letters will accommodate abject bacon and gross allowance information.
Public Law 115-97 Tax Cuts and Jobs Act of 2017 Update:
As abounding of you are aware, Public Law 115-97 Tax Cuts and Jobs Act of 2017 was anesthetized on December 22, 2017, which will appulse the tax tables for 2018. The IRS has not produced the official denial guide, nor the new 2018 W-4 tax form. The account provided by the IRS indicates the W-4 forms on book for advisers will assignment with the new denial tables already they are released. Additional 2018 tax admonition will be forwarded already it is received:
December 26, 2017
The IRS is alive to advance denial admonition to apparatus the tax ameliorate bill active into law on December 22. We ahead arising the antecedent denial admonition in January, and administration and amount account providers will be encouraged to apparatus the changes in February. The IRS emphasizes this admonition will be advised to assignment with the absolute Forms W-4 that advisers accept already filed, and no added activity by taxpayers is bare at this time.
Use of the new 2018 denial guidelines will acquiesce taxpayers to activate seeing the changes in their paychecks as aboriginal as February. In the meantime, administration and amount account providers should abide to use the absolute 2017 denial tables and systems.
While Human Resources is committed to confined anniversary and every agent at UMKC, we are clumsy to accommodate tax admonition and acclaim contacting a certified and competent tax able with any tax questions, as able-bodied as any questions you may accept for tax year 2018 back abounding new changes are bound approaching.
For any questions apropos the admission to your W-2 forms, amuse acquaintance the HR Account Center at 816-235-1621.
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