There are many reasons to check your tax withholding. This means looking to see how much money your employer is withholding from your paycheck for federal income tax. It's a good idea to check your withholding, as it will help you avoid a surprise at tax time. If your employer is withholding too little, you could [...]
This article was published by the IRS. The Internal Revenue Service reminds taxpayers that proper tax withholding now is key to avoiding surprises when they file their tax return next year. Making any needed adjustments earlier in the year means taxpayers won’t have to make a big change later in the year to catch up. The [...]
This article was published by the IRS. There are good surprises and there are bad surprises. Generally, a tax-related surprise is probably unwanted. To avoid tax surprises, people should review their tax withholding. There's still time left in 2024 to make changes and see the benefit on their tax return next year. An adjustment made now [...]
This article was published by the IRS. The next tax season seems far away, but this is actually the perfect time for taxpayers to review their withholding and estimated tax payments. Because federal taxes are pay-as-you-go, it’s important for taxpayers to withhold enough from their paychecks or pay enough in estimated tax. If they don’t, they [...]
You can get ready now to do your taxes. You can always visit IRS.gov/getready any time for more information. Here are five things you can do now to make filing your taxes go smoothly: Set up an IRS Online Account at IRS.gov/account. Here you can access your tax records. You can make and view payments. You [...]
