Taxpayers shouldn’t believe these myths about federal tax refunds

Author: External Author | | Categories: Accounting Cleanup , Accounting Professionals

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To help avoid a surprise next year, taxpayers should make changes now to prepare for next year. One way to do this is to adjust their tax withholding with their employer. This is easy to do using the Tax Withholding Estimator. This tool can help taxpayers determine if their employer is withholding the right amount. This is especially important for anyone who got an unexpected result from filing their tax return this year. Also, taxpayers who experience a life event like marriage, divorce, birth of a child, an adoption or are no longer able to claim a person as a dependent are encouraged to check their withholding.

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Original Article Source Credits:   IRS , https://www.irs.gov/

Article Written By:  NA

Original Article Posted on:  26-Apr-2021

Link to Original Article:  https://www.irs.gov/newsroom/taxpayers-shouldnt-believe-these-myths-about-federal-tax-refunds



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