Federal Withholding Tax Estimator

Advice from Candice Carter, Director of Controllership

August 5th, 2022
​
Did you know that the IRS has tools to assist taxpayers?  At www.irs.gov, you will find links to help with items such as checking the status of your refund, setting up payment plans, and getting copies of your transcripts.  You can also find tax forms and their instructions as well as other announcements and information.   With the change of the Employee W-4 forms in 2021 the IRS has included on this website a Withholding Tax Estimator, www.irs.gov/individual/tax-withholding-esimator,  that will calculate what your withholding should be based on prior tax return and current year information.  If you would like to know what your withholding should be to help avoid surprises on tax day, this is a good tool.  

If you have any questions about this topic or anything else, please feel free to reach out to any of our team members directly or call our main office number at 314.884.4000 and we’d be happy to assist you!


Purk & Associates P.C., 2022