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Avoid tax surprise

If you have too little federal tax withheld from your pay, you could end up owing a lot of money when you file your taxes. If you withhold too much, you will get a large refund next year, but that...

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Should you adjust your tax withholding?

By Jason Alderman Now that tax day has passed, chances are you’re either waiting patiently for your 2011 tax refund to arrive, it’s already been spent, or you just wrote the U.S. Treasury a check and...

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Personal financial change: adjust withholdings

According to Clay Sanford, IRS spokesman one should try to have their income tax withholding match actual tax liability. If not enough tax is withheld, you will owe tax at the end of the year and may...

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Escape tax surprises

Many taxpayers have more taxes withheld from their pay than necessary. You should try to have your income tax withholding match your actual tax liability, especially if you normally get a large refund...

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