Call us at: (720) 706-9055

Connect with us:

NEWS

blog image

Maximizing Your Paycheck: Are you withholding the right amount?

May 15, 20241 min read

Tax season can be stressful for many taxpayers, but did you know that you have the power to take control of your taxes throughout the year? By using the Tax Withholding Estimator at IRS.gov, you can ensure that you are withholding the right amount from each paycheck.  Here’s a look at why.

Accuracy Leads to Financial Stability

When you fill out your W-4 form, you provide information about your filing status, dependents, and other relevant details. However, life changes such as marriage, having children, or taking on a second job can impact your tax liability. Using the Tax Withholding Estimator allows you to input current information and receive an estimate of how much tax should be withheld from your paychecks. This can prevent underpayment penalties or receiving a smaller refund than expected.

Avoid Surprises at Tax Time

These surprises can be caused by incorrect withholding throughout the year. By using the Tax Withholding Estimator, you can adjust your withholding to align with your actual tax liability. This can help you plan your finances better, avoid unexpected tax debts, and ensure you receive the refund you deserve.

Customize Your Withholding

A one-size-fits-all withholding strategy may not work for everyone. The Tax Withholding Estimator considers various factors such as income, deductions, credits, and tax obligations to provide a personalized withholding recommendation. The calculator can help you customize your withholding to meet your financial goals.

Stay Compliant and Reduce Stress

Using the Tax Withholding Estimator ensures that you are meeting your tax obligations accurately based on current tax laws. This proactive approach not only reduces stress during tax season but also gives you peace of mind throughout the year, knowing that you are on the right track with your taxes.

Take advantage of this valuable tool and achieve greater financial stability.
https://www.irs.gov/individuals/tax-withholding-estimator

Back to Blog

News & Upcoming Events

The Buzz Blog

Recognizing the Gift

February 21, 2023

Offered by: Dawa Sherpa, Publisher, The Brighton Buzz As we continue to transition into 2023, here at The Brighton Buzz, …

Welcoming 2023 With Enthusiasm!

February 1, 2023

Dawa Sherpa, The Brighton Buzz As the New Year rolls in, we all look forward to the opportunity to reflect …

News from our Advertisers

Advice for First-time Homebuyers

February 8, 2023

Offered by: Scott and Lora Nordby, Berkshire Hathaway HomeServices Colorado Real Estate First-time homebuyers are discouraged by high home prices, …Read More »

Trees through 2023 Tree Program available for purchase

February 8, 2023

Offered by: City of Brighton Communications Spruce up your yard with a tree from the City of Brighton’s 2023 Tree …Read More »

Treat yourself this Valentine’s Day

February 8, 2023

Offered by: Nikki Rolando, Goat Bubbles, LLC Hi, my name is Nikki Rolando and I’ve been making goat milk bath …Read More »

Testimonials

I got a call from Susan at the Brighton Buzz asking if I wanted to advertise n the next issue. My response was that I either needed to keep my ad running or fold the business.

About 90% of the calls that I receive include a comment like, ”I saw your ad in the Brighton Buzz….

The majority of my calls take me inside a home, it is not unusual for somebody to pick up a copy of the Buzz and say they found me right there. The Buzz that they show me is frequently not the latest issue. The Buzz has great holding power! At the same time, I can always tell when The Buzz has hit mailboxes. My phone starts ringing. A lot of people seem to look through it right away.

The cost per home is low, the cost per response is reasonable. Am I going to continue to advertise in the Brighton Buzz? You can count on it!

Roome Paget

Gray Guy Handyman Service, LLC

Brighton, CO

Copyright © The Brighton Buzz | P.O. Box 279, Brighton, CO 80601 | Ph: (720) 706-9055