34.2 F
Pagosa Springs
Saturday, November 26, 2022

IRS advises to check withholding to avoid tax surprise

By Karen Connelly
Special to The SUN

The Internal Revenue Service reminds taxpayers that summer is a good time to consider a mid-year withholding adjustment. Tax planning now may provide a lower tax bill later.

“While some taxpayers prefer to get a large refund, those struggling financially may want to look at their situation, make adjustments to withholding and get a boost in take-home pay,” said Karen Connelly, IRS spokeswoman. “No one wants a surprise at tax time. Checking your withholding now allows plenty of time to catch up if you’re having too little withheld.”

The full version of this story is available in the print edition and e-edition of the Pagosa Springs SUN. Subscribe today by calling (970)264-2100 or click here.

Related Articles

- Advertisement -

Upcoming Events

Latest Articles