05/26/2026
One of the most overlooked tax issues we see: W-4s that haven't been updated in years.
Life changes β marriage, divorce, a new child, a side business, a significant income jump β all affect your withholding. When your withholding doesn't match your actual tax liability, the result is either a large April bill plus an underpayment penalty, or an oversized refund (which is just an interest-free loan to the IRS).
The fix is quick: use the IRS Tax Withholding Estimator, fill out a new W-4, hand it to HR. Done.
Or have a CPA run the numbers and tell you exactly what to enter.
π https://www.wassermanaccounting.com/