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IRS reminder: Taxpayers can help determine the right amount of tax to withhold from their paychecks by doing a Paycheck Checkup now

IR-2019-112, June 14, 2019 WASHINGTON — The Internal Revenue Service encourages taxpayers to look at their tax withholding now to take charge of their tax situation and avoid a surprise at tax time next year. Doing a Paycheck Checkup now using the IRS … Read More

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Here’s what people should know about taking early withdrawals from retirement plans

Taxpayers may need to take money out of their individual retirement account or retirement plan early. However, this can trigger an additional tax on top of other income tax they may owe. Here are a few key things for taxpayers … Read More

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