It’s the middle of the year, which means it’s a good time to check your withholding and estimated taxes to make sure that you’re on track. Withholding and estimated taxes are often the best ways to make sure that you don’t wind up owing a large amount of taxes next year, or that you don’t overpay this year.
Particularly if you ended up owing the IRS this year, you should check your W4 elections or estimated tax payments to make sure that you’re not going to be surprised next year when you file. If you under pay you can be subject to penalties.
I’m happy to take a look at your W4 elections and estimated taxes to make sure that they’re adequate. Contact me today and I’ll take care of it.