With the new tax laws in place, there’s plenty of reason to take a fresh look at your tax planning strategy. One of the key areas to reevaluate will be your withholding.
“Just over 2 in 10 taxpayers will owe money to the IRS next year” due to insufficient withholding, says Darla Mercado of CNBC.
CNBC has a very informative take on where to look at your withholding. Take a look for tips on when and where to check for accuracy.
One of its recommendations is to “cross-check that number with your CPA or tax preparer to make sure it’s best suited for you.”
Do you need help figuring out your withholding, or questions about any other part of the new tax laws and how they affect you? Let’s schedule a meeting to make sure you’re getting the most out of filing your taxes.