Should you adjust your withholding for 2014?

Early this year, review the amount of income tax you’re having withheld from your wages to see if it should be adjusted. While you must meet minimum tax payment requirements, don’t overwithhold or you’ll be giving the IRS interest-free use of your money for a year. Don’t underwithhold either, or you face penalty and interest charges on the underpayment.

Site Navigation

Address

Noel Dalmacio, CPA, CFP, MS TAX
President
LowerMyTaxNow
30 Corporate Park, Suite 102.
Irvine, CA 92606

Follow Us On

© Copyright 2012 Lower My Tax Now. All Rights Reserved