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In this exercise, you will use the Internet to research reasons why employees may have chosen to increase or decrease the number of allowances claimed.

In this exercise, you will use the Internet to research reasons why employees may have chosen to increase or decrease the number of allowances claimed. Begin by researching different reasons why an employee may choose to alter their number of federal withholding allowances. Next, write a paragraph of at least three sentences to discuss the two most compelling reasons you identified for reducing the number of allowances. Then, write the second paragraph of at least three sentences, in which you discuss the two most compelling reasons you identified for increasing the number of allowances. Last, write a final paragraph of at least four sentences to discuss how your findings might impact how the 2020 Form W-4 is completed.

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