Yahoo Finance: Trump is changing your paycheck. Here's how.
Internal Revenue Service (IRS) issued that the paycheck will increase after Trump signed a tax-cut bill in late December.
"90% of the workers are estimating an increase in their paycheck after the tax-cut bill" (IRS)
*Large change to their witholding deduction can cause them to owe them taxes at the end of the year and may face penalty.
https://finance.yahoo.com/news/trump-changing-paycheck-heres-225928985.html
Take-Home Pay: money that an employee actually receives from working after employment taxes and the cost of benefits and retirement contributions are subtracted
IRS (Internal Revenue Service): U.S. government agency responsible for the collection of taxes and enforcement of tax laws