Did you owe at tax time this year? If so, you can have your employer adjust your payroll withholdings so that your payment will be smaller next year. If you had a refund, you can have your withholdings adjusted so that you get more money on each paycheck. Check out the IRS’s withholding calculator at www.irs.gov to help you figure out what is best for your situation.
/posted by Heather Culp
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Baldwin CPAs, PLLC provides accounting and tax services to foreign corporations and individuals doing business within the United States as well as companies and individuals with activities abroad in countries such as of Japan, Canada, France, China, United Kingdom, Germany, and Mexico.
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