To help get the New Year started off right, the Internal Revenue Service (IRS) has released an updated version of the Employee’s Withholding Allowance Certificate (W-4). This new form should be used in place of the old one. If an employee has already completed a W-4, no action is necessary. You can use this new form for new hires and existing employees who wish to make changes to the number of exemptions claimed. You can download the new W-4 from the IRS website by clicking here.