Tax cut calculator unveiled by Treasury to verify withholding

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IN AN EFFORT to help Americans determine if the amount of federal taxes being withheld from their pay is accurate under the new tax law, the U.S. Treasury Department Wednesday unveiled an online calculator, which is available at irs.gov. / BLOOMBERG FILE PHOTO/DANIEL ACKER
IN AN EFFORT to help Americans determine if the amount of federal taxes being withheld from their pay is accurate under the new tax law, the U.S. Treasury Department Wednesday unveiled an online calculator, which is available at irs.gov. / BLOOMBERG FILE PHOTO/DANIEL ACKER
NEW YORK - The U.S. Treasury Department unveiled an online calculator Wednesday to help Americans determine whether the amount of federal taxes being withheld from their pay is accurate under a new tax law. The tax overhaul, passed by congressional Republicans in December, is estimated to boost after-tax incomes for most Americans in the initial years.…

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