Federal Tax, Tax

Ensuring Your 2025 Withholding Amount is Correct

The tax filing deadline has passed, and you’d probably like to put taxes out of your mind. That’s understandable. However, it’s worth your while to ensure that your 2025 withholding amount is correct. Did you receive an unexpected tax bill for 2024? If so, consider providing your employer with a new Form W-4 to have more tax withheld during the year. Conversely, if you received a large tax refund, you may want to lower your tax withholding and increase your take-home pay. Note, however, that doing so will lower any refund next year. The IRS has a Tax Withholding Estimator tool to help you figure the right amount. Visit https://bit.ly/4if1p0H  to access the tool, or contact us for assistance © 2025