Withholding

IRS waives some penalties on withholding and estimated tax payments

The IRS released information today that should come as a relief to taxpayers and tax preparers as we start work on our 2018 tax returns.  The IRS will be waiving the estimated tax penalty for taxpayers on their 2018 tax return who didn’t have enough withholding and estimated tax payments to cover their tax liabilities. […]

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Paycheck Checkup – make sure your withholding is updated for 2018

Did you know your taxes can go down but you still might owe come tax time. This is why almost every tax professional is encouraging all taxpayers to check their withholding to make sure you have enough withheld for the year under the new tax law.

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