Tax Warrior Chronicles

Is Your W-4 Optimized for You?

Posted on Thu, Jan 23, 2020

By: Kelly Ha

 

The W-4 is the IRS form you complete when starting a new job to let your employer know how much federal tax to withhold from your paycheck.  Even though you’ve given your employer a W-4 in the past, with the many changes to the tax code, you should consider revisiting this form. There are specific times when you should consider refiling it to optimize take-home pay, while still fulfilling your tax obligations. Today’s post will look at how you can optimize your W-4 for you and your family—and when you should do it.

 

As we mentioned, Form W-4 lets your employer know how much money to withhold from each paycheck for federal tax purposes. Accurately completing your W-4 is

Read More