The following article was sent to me from the Internal Revenue Service. There are too many people who may be having way too much money withheld from their paychecks. Are you one of them?
The IRS continues to urge taxpayers who haven’t yet done a “Paycheck Checkup” to do one as soon as possible to see if they’re having their employer withhold the right amount of tax after major changes in the tax law. The IRS Withholding Calculator can help taxpayers learn if they need to make changes soon to avoid an unwelcome surprise come tax time.
This week, the IRS is focusing on some groups of taxpayers who should especially check their withholding.
Please help us get the word out -- the earlier people check and adjust their withholding, the more time there is for withholding to take place evenly during the rest of the year.