IRS rejects universal W-4. introduces simpler W-4A
The IRS concludes one withholding form cannot fit all taxpayers. A new W-4A Unveiled replaces the complex four page W-4, promising faster, clearer filling in as few as five minutes with seven line form and worksheets. It aims to align withholding with actual tax liability under the 1986 tax law which raises required prepayments to 90 percent.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
IRS
Lawrence B. Gibbs
Congress
Gibbs
Shultz urges China to keep doors open to ideas and investment
Secretary of State George Shultz, in Dalian, urged China to continue market reforms and openness despite political unrest. He warned closed societies fall behind, cited U.S.-China trade and investment, and praised joint training centers as a bridge to Western business practices.
MENTIONED IN THIS ARTICLE
Dalian
China
George Shultz
Shultz
Communist Party
Hu Yaobang
Deng Xiaoping
Beijing
U.S
Hong Kong
United States
Supreme Court rules federal aid programs protect AIDS, TB from on-the-job bias
The court, by 7-2, says the Rehabilitation Act protects those with contagious diseases from employment discrimination if they are otherwise qualified. The decision, reviving Gene Arline’s case, limits firing due to disease, noting AIDS carriers’ status remains to be defined under the act.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Gene H. Arline
Nassau County
Fla
William J. Brennan
Arline
High Court
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