Paycheck Checkup – everyone should check their withholding

Author: C.A.C Financial Services | | Categories: Credit Restoration Assistance , Identity Protection Assistance , IRS Tax Help , Payroll Services , Personal Budgeting Assistance , Small Business Accounting , Small Business Bookkeeping , Tax Debt Resolution Services

Blog by C.A.C Financial Services

It’s important to revisit your tax withholding, especially if major changes from the Tax Cuts and Jobs Act affected the size of your refund this year. Even if you did a Paycheck Checkup last year, you should do it again to account for differences from TCJA or life changes. A Paycheck Checkup can help you see if you’re withholding the right amount of tax from your paycheck. Too little could mean an unexpected tax bill or penalty. Use the IRS Tax Withholding Estimator

https://www.irs.gov/paycheck-checkup



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