Whether you ended up owing money or getting a refund at tax time, did you know you can modify the amount of money withheld from your paycheck? Here’s how
Some people love receiving a tax refund every spring, while others prefer to have the money in their regular paychecks and make their refund as small as possible. And then there are those that cringe when they have to write a check to the IRS when filing their tax return.
Though changing your withholdings won’t change how much tax you pay, it can affect whether you owe money or get a refund when filing, as well as how big that refund or payment will be! Check out the article for more information and a brief guide on how to modify your withholdings.
And as always, if you have any questions, we’re ready and willing to help!