Tax Tip: Double Check Payroll Withholding

The IRS has released a new tax tip for 2009 which describes why it is important to double check your payroll withholding during the year so you will not be surprised when you file you taxes and did not without enough federal tax. With the reductions in withholding under the Making Work Pay Credit passed by the government, some Americans may not be withholding enough tax based on their incomes.

Affected Groups

Groups that might fall into this category include multiple job holders, spouses that both work, and workers that are claimed as dependents … Read more at 2009 Taxes