There are some important changes to how taxpayers will file their taxes this upcoming tax season. Due to tax law changes that took effect in 2018, the Internal Revenue Service (IRS) suggests that taxpayers do a “Paycheck checkup” using the IRS withholding calculator. This tool should help you learn if you are withholding enough taxes from each paycheck in order to avoid a big tax bill when it comes time to file. The calculator is a step-by-step process that will help you determine, based on your filing status and other factors, if your current rate of tax withholding is sufficient. For detailed information regarding Tax Law news and reform, please take a look at the IRS Tax Reform Page.
Hope to see you at one of our sites this season!