Tax Facts

Information to help individuals and small business navigate our complex Tax Laws. Not to be construed as tax advice. Contact your hired tax advisor for your specific tax situation and advice.

Your Paycheck Withholding in 2019

Your tax withholding rate may have decreased in 2018, giving you more money in your paycheck throughout the past calendar year 2018. Given this, some taxpayers may receive a smaller refund this tax filing season, or even owe some tax when they file their 2018 tax return.

This is not entirely a negative thing, because if you think about it:  you kept more of what you earned, instead of paying the government too much then getting your money back in a "refund."

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