Withholding Changes Could Lead To Issues With Taxes

taxes
Our expertise in taxes can help you navigate issues with withholding.

Many Americans may face trouble with taxes because they’ve failed to take into account new withholding rules.

According to CNBC:

The IRS has been warning filers all year to ensure they’re withholding enough tax from their pay in order to avoid a surprise tax bill in 2019.

Turns out, few people seem to be listening.

At least that’s the conclusion from a recent survey by Liberty Tax. The tax preparer polled 1,020 individuals online in September.

About 70 percent of participants haven’t checked their withholding — the income taxes deducted from their paychecks — in the last six months, Liberty Tax found.

If you’re worried about taxes, or even if you aren’t, why not turn to some true professionals. At Sterling Accounting, we have the expertise to help you.  No matter what issues you may face, we have the experience and expertise. As we point out on our website:

Whether you need a simple 1040EZ tax filing or a 1040, we can handle it all for you. We provide innovative solutions for tax issues to minimize your tax liability, we find deductions commonly overlooked, and we stay up-to-date and well informed on all tax laws and legislation. It’s good to also remember that tax season comes around once every year, so good planning throughout the year is important to mitigating your tax exposure, allowing you to keep ore of what you earn! It’s a delicate balance that exists between optimizing your after-tax income and minimizing your pre-tax dollars. We offer advice on both short-term and long-term tax strategies, initiatives and investments. Our tax service is designed exclusively to help you maximize your earning power!

Sterling Tax and Accounting Services are specialists in handling all forms of tax matters for small, medium and large businesses of all kinds. We also help businesses identify often overlooked tax deductions.

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