Avoid a Tax Day Surprise: Check Your Withholding Now!

You may have heard the saying, “Don’t be caught unaware; be prepared.” It certainly applies to your taxes. Indeed, not paying enough taxes throughout the year can result in not only a bigger-than-expected tax bill next April 15, but also penalties. Be prepared by reviewing your tax withholding or estimated payments to determine if adjustments are needed. If you’ve experienced a major life change, such as marriage, divorce or the launch of a side business, you may be vulnerable to unexpected tax bills. To ensure you’re on the right tax track, contact us. Or try the IRS’s Tax Withholding Estimator tool: https://bit.ly/3AJj68K.