Smaller Withholding Means Bigger Paycheck, But May Cost you Next Year
The new tax withholding tables means bigger paychecks for most American workers, but it could mean you'll be writing a check when you file your 2018 taxes because not enough federal tax is being withheld. Bob Berger with Berger and O'Toole CPA firm gives us some tips on what you should do to make sure you are withholding enough and a few other things to know about the federal tax overhaul passed by Congress late last fall.