Paycheck Checkup

Conduct a “paycheck checkup” to make sure your withholding is adequate

Federal Income Tax, Form W-4, Tax Planning, Tax Refund, Tax Savings, Tax Withholding's / Douglas Freeman

Did you recently file your federal tax return and were surprised to find you owed money? You might want to change your withholding so that this doesn’t happen next year. You might even want to do that if you got a big refund. Receiving a tax refund essentially means you’re giving the government an interest-free […]

Conduct a “paycheck checkup” to make sure your withholding is adequate 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 »