With the recent tax season behind us, the IRS is encouraging taxpayers to reassess their tax withholding. This proactive step can help avoid unexpected tax bills or penalties in the upcoming year.

Form W-4 was redesigned in 2020 to reduce complexity ... employer how much tax to withhold from your paycheck. The Internal Revenue Service redesigned it in 2020 in a way that's intended to ...

By checking tax withholding, individuals can prevent having to owe additional money and any potential penalties at tax time.