Paycheck Checkup

With the tax reform implemented by the Tax Cuts and Jobs Act and all of the upcoming changes for 2021, it would be a good time to conduct a “paycheck checkup”. The IRS suggests that all taxpayers use the tax withholding estimator to make sure they are withholding the correct amount from their paychecks for their personal situation. Nobody likes to be surprised by a hefty tax bill. It is time to be proactive and make any necessary adjustments before year end.  You can find the withholding estimator on our website under Client Resources/Tax Tools.