Publication 553 - Introductory Material
Introduction
This publication highlights major tax law changes that take effect in 2007, 2008, and later years. The chapters are divided into sections based on when the changes take effect.
The tax information for 2008 and later years is accurate as of the time this publication went to print. Subsequent changes to the tax law may occur. For more information, go to www.irs.gov/formspubs.Adjusting your withholding or estimated tax payments for 2008.
If your tax for 2008 will be more or less than your 2007 tax, you may need to adjust your withholding or estimated tax payments accordingly. If your tax will decrease, you can get the benefit of lower taxes throughout the year. If you will owe more tax, you can avoid a penalty when you file your tax return. See the following table for forms and publications that will help you adjust your withholding or estimated tax payments. See chapter 7 for information on ordering forms and publications.| To adjust your... | Get Form... | And Publication... |
|---|---|---|
| Withholding | W-4, Employee's Withholding Allowance Certificate | 919, How Do I Adjust My Tax Withholding? |
| Estimated tax payments | 1040-ES, Estimated Tax for Individuals | 505, Tax Withholding and Estimated Tax |
Photographs of missing children.
The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child.Comments and suggestions.
We welcome your comments about this publication and your suggestions for future editions. You can write to us at the following address:Internal Revenue Service
Business Forms and Publications Branch
SE:W:CAR:MP:T:B
1111 Constitution Ave. NW, IR-6526
Washington, DC 20224
