https://www.politico.com/story/2018/...cks-irs-332183

Interesting article that pols are looking to play the short game rather than long game. The majority of hourly workers pay varies based on hours worked and OT and will not notice a few extra dollars a week, and will not attribute it to a ‘tax cut”. But when they file 18 returns in 19 they will definitely notice a smaller refund.

It would be helpful to us if they get the new tables out before we start preparing 17 returns. The norm for estimated payments for client with both w-2 and other income is to assume withholding for estimated year will be same as prior year. Reducing withholding formulas could cause havoc on our estimated calculation.