Withholding Growth in the First Half of February: Returning Toward Pre-December Amounts

Posted on February 19, 2020 Not surprisingly, federal collections from tax withholding—that is, amounts withheld from paychecks and remitted to the Treasury Department for income and payroll taxes—have been growing more slowly in the first half of February compared to the elevated amounts of growth recorded in December and January. Withholding growth in recent days […]