With the New Tax Laws, Do a Paycheck Checkup
Posted by Carlie Berke, CDFA®
March 30, 2018
With the new changes to the tax laws, do a quick “paycheck checkup”.
This should be done for W-2 employees including self-employed individuals that pay themselves W-2 wages.
It is also a good idea if you are going through a divorce, paying spousal support, buying or selling a home, or have other changes to your income or taxes to review your withholding. This can help with your monthly cash flow. Just make sure you don’t under-withhold and end up with a surprise tax bill come tax time.
Use the link below to recalculate your withholding and consider providing your employer with a new W-4.
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