Oct 29, 2021

It’s a great time to check tax withholding

The final quarter of 2021 is the perfect time to remind employees to submit a new W4 if they want to change their Federal Withholding for 2022.

 

Events like marriage, divorce, a new child or home purchase can all be reasons to adjust withholding.

The IRS Tax Withholding Estimator makes it easier for everyone to have the right amount of tax withheld. The IRS encourages everyone to use the Tax Withholding Estimator to perform a “paycheck checkup.”  This will help you make sure you have the right amount of tax withheld from your paycheck.

There are several reasons to check your withholding:

Checking your withholding can help protect against having too little tax withheld and facing an unexpected tax bill or penalty at tax time next year.

At the same time, you may prefer to have less tax withheld up front, so you receive more in your paychecks and get a smaller refund at tax time. 

Click the link below for the IRS Tax Withholding Estimator!

Additional information can be found HERE.


 

MORE RECENT NEWS…


Aug 29, 2025

Silver Workers: No Substitute for Experience

Once, employees approaching retirement age could look forward to a long, relaxing post-work life. For much of the 55+ crowd, this is no longer the case, with many forestalling retirement for as long as possible. Read through for advice on employing silver workers in your organization.


Aug 28, 2025

Show Me the Money: Creating a Salary Policy

For any company to treat their employees with respect and fairness, it needs to have a transparent pay equity policy in place that is shared with all employees. Read through to understand why creating pay equity is beneficial to your organization.


Aug 27, 2025

Understanding the New Tax Break for Overtime Pay

Thanks to a new federal income tax deduction provided by the One Big Beautiful Bill Act, many workers who put in extra hours will be able to keep more of their earnings. Read through to see who qualifies, how much could be saved and what the limits are.


Aug 26, 2025

New Federal Tax Break for Tipped Workers

A new federal law may allow millions of tipped workers to keep more of their earnings starting in 2025. Read through to find out who qualifies, how much could be saved and what to watch for.


Aug 25, 2025

Who Can Work in the US?

Did you know that federal and state laws prohibit the use of immigration or citizenship status when making employment decisions? Read through for insights into how to approach immigration-related matters in a lawful way.


Jul 31, 2025

Lose an Employee but Gain Information

Employers conduct exit interviews with departing employees during the final days of offboarding. If done right, these interviews can be a source of valuable information to help the company improve.




More News & Press can be found in our Archive.