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Avoid a surprise next year; review tax withholding now before time runs out

WASHINGTON — With 2023 rapidly coming to a close, the Internal Revenue Service today encouraged taxpayers to review their tax withholding as soon as possible to avoid a potential surprise when they file their tax return next year. Although...

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  • November 7, 2023

IRS reminds gig workers, self-employed and others of Sept. 15 third quarter estimated tax payment deadline

WASHINGTON – The Internal Revenue Service is reminding taxpayers who pay estimated taxes that the deadline to submit their third quarter payment is Sept. 15, 2023. Taxpayers not subject to withholding may need to make quarterly estimated tax payments....

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  • September 14, 2023

Not too much, not too little – taxpayers should check if their tax withholding is just right

There are good surprises and there are bad surprises. Generally, a tax-related surprise is probably unwanted. To avoid tax surprises, people should review their tax withholding. There’s still time left in 2022 to make changes and see the benefit...

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  • November 2, 2022

New publications help taxpayers get ready and stay ready for tax filing season

With the tax filing season almost here, taxpayers should check out two new IRS publications available on IRS.gov. These publications can help people get prepared to submit their tax returns and stay organized with tips for year-round tax planning....

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  • January 7, 2020

Get ready to take the guesswork out of paycheck withholding

The tax filing season is quickly approaching. With that in mind, taxpayers should remember there’s still time to make an estimated or additional tax payment to ensure their tax withholding is still accurate. Those who need to make an...

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  • December 5, 2019

Taxpayers have options for paying the tax they owe throughout the year

Taxpayers who need to pay more before tax time have a few different options on how they can do so. First, all employees should make sure their employers are withholding the correct amount of tax from their paychecks. The...

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  • August 9, 2019