Tax Bill vs Refund: Are You Withholding the Right Amount?
For returns filed in 2016, the average federal tax refund was $2,860. Sounds great, right? But instead of giving the government an interest-free loan, you could have been using that money throughout the year. Don't wait -- examine the amount of federal and state withholding that's being deducted from your paycheck. We can help you determine whether the amount withheld is too low, resulting in tax due (with possible penalties), or too high, resulting in a larger-than-necessary tax refund.