How clients can avoid an unwanted tax surprise: Tax Strategy Scan
Clients could be in for a surprise at next year's tax season because of changes to the tax code, according to this article in The Washington Post. To avoid this, taxpayers are advised to review their tax withholding to ensure that the withheld amount is enough to cover their tax bill. The IRS recommends taxpayers to use its tax withholding estimator tool to ensure the amount withheld from their paycheck will be enough or allow for a substantial refund.
Original Article Source Credits:Financial Planning, https://www.financial-planning.com
Article Written By:Andrew Shilling
Original Article Posted on :August 13, 2019,
Link to Original Article:https://www.financial-planning.com/news/how-to-use-irs-tax-withholding-estimator-tool-for-tax-planning-tax-strategy-scan