Dependent Credit

Is your withholding adequate? Here’s how to check

Itemized Deduction, Tax Refund, Tax Withholding's / Douglas Freeman

When you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so that this doesn’t happen again next year. You might even want to adjust your withholding if you got a big refund. Receiving a tax refund essentially means you’re giving the […]

Is your withholding adequate? Here’s how to check Read More »

It’s good to check your withholding and make changes, if necessary

2018 Tax Return, Income Tax, Individual Income Tax, Internal Revenue Service, Tax Credits, Tax Cuts and Job Acts (TCJA), Tax Planning, Tax Refund, Tax Withholding's, Tax Withholdings / Douglas Freeman

Due to the massive changes in the Tax Cuts and Jobs Act (TCJA), the 2019 filing season resulted in surprises. Some filers who have gotten a refund in past years wound up owing money. The IRS reports that the number of refunds paid this year is down from last year — and the average refund

It’s good to check your withholding and make changes, if necessary Read More »