The tax overhaul is likely giving your paycheck a boost come February, CNBC reported. So now is a good time to take a second look at your tax withholding at work.
The Treasury released its income tax withholding tables on Thursday, reflecting changes stemming from the Tax Cuts and Jobs Act. In all, the new legislation has increased the standard deduction, done away with personal exemptions and trimmed individual income tax rates.
This means you could start seeing changes to your paychecks as early as next month.