Tax overhaul could mean major changes to your paycheck

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If Republicans succeed in passing a tax overhaul by Christmas, the law could mean major changes for your take-home pay – not all of them welcome.

But those changes probably won’t be reflected in your paycheck in time for the New Year.

The American Payroll Association, whose members represent 17,000 employers, warned lawmakers Monday that they were creating a “herculean task” for companies and payroll service providers by leaving them such a short time to start...

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