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Have you Adjusted your Tax Withholding for the New Tax Law?

Melissa Seguin contributes to the Grand Rapids Business Journal frequently, and this month she is at it again to help us make sure our tax withholding’s are on the right track.

“We are halfway through the first year of the new Tax Cuts and Jobs Act, or TCJA, and now is a great time to review your tax withholdings on your paycheck to make sure you are on track.

If your withholding is too high, then you are essentially giving the IRS an interest-free loan. If your withholding is too low, you may be subject to penalty and interest when you file your 2018 tax return.”

 

Follow Melissa as she explains what you should be withholding, what to look for, and how to fix any issues you may be having.

All this and more at the Grand Rapids Business Journal.

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