The ________ instituted significant changes to payroll taxes,especially adjustments for inflation and employee income tax computation.
A)Social Security Act
B)Walsh-Healey Public Contracts Act
C)Tax Cuts and Jobs Act
D)Affordable Care Act

Question

Quizplus · Accepted Answer

The Tax Cuts and Jobs Act, which was enacted in 2017, made significant changes to payroll taxes. This included adjustments for inflation and changes to the way employee income tax is computed. The act also changed the tax rates and deductions for both individuals and businesses.

The ________ Instituted Significant Changes to Payroll Taxes,especially Adjustments for Inflation