Tax withholding changes explained

Photo of tax forms. (WISH photo)

INDIANAPOLIS (WISH) – Starting next month, many companies will change tax withholding for their employees based on the new federal tax law passed in December.

However, for some people those changes could create some issues down the road.

Todd Roberson, a senior lecturer at the IU Kelley School of Business, stopped by Daybreak on Thursday.

He discussed the changes employers are having to make because of the new tax law, why your employer’s estimate be way off and what those affected by the change should do.

For more on this story, click on the video.