Major life changes may impact the amount you withhold for taxes Reviewed by Lea D. Uradu Fact checked by Suzanne Kvilhaug Most employees in the U.S. use the pay-as-you-earn (PAYE) approach, where ...

When you start a new job, your employer will ask you to complete a W-4 form. The IRS W-4 helps determine the correct amount of income tax your employer will withhold from your wages. But how does it ...