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Are You Ready For The New Accounting Over Leases?​

Article | August 19, 2022

Article published by TJ Hoeferlin, Principal and Director of Audit

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.

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