Growth in Federal Tax Withholding Slowed Some in April to 4 Percent Year-Over-Year

Posted on May 5, 2026 We expect to comment later this week on April/early May payments with individual income tax return filings, but first we will comment on tax withholding payments. In April, we observed some slippage in growth of federal tax withholding–that is, the amounts of income and payroll taxes that employers withhold from […]