Do you Need a Paycheck Checkup?
Posted: October 15, 2019
The IRS is urging everyone to do a "Paycheck Checkup" to make sure you are withholding correctly on your paychecks: "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."
Find out how to do a Paycheck Checkup here: https://www.irs.gov/paycheck-checkup
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