Definition for: Withholding Allowance
A "withholding allowance" is determined on an individual's W-4 IRS form. This is used to assist an employer in how much income tax to withhold from an employee's paycheck.
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and cutting-edge guides and resources. Covering a wide range of topics, from starting a business, fundraising, sales and marketing, and leadership, to emerging AI
technologies and industry trends, AllBusiness.com empowers professionals with the knowledge they need to succeed.