SFG Tax Tips - January 25, 2018

Chad Hassinger |
Categories
Tax Planning

By Colleen M. Henes, CFP®, JD
Financial Advisor, Advanced Planning

January 25, 2018

"Are you receiving large refunds every year (or, as I like to call it, repayment of your interest-free loan to the government)?  Are you paying underpayment penalties?  Did you start a new job or work two different jobs?  If you answered "yes" to any of these questions, when is the last time you did a tax withholding "check up"?  Now is the time to take a look so your tax withholding will be more in-line with your taxes owed for 2018.  If you're not sure how to determine how much to withhold, here is a handy calculator."

 

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