04/18/2026
Before following this kind of advice, please consult your tax advisor to make sure it’s wise for your individual situation. Withholding less tax from your paychecks does improve monthly cash flow but could also put you in the position of owing in a lot of money with your tax return. Make an informed decision so you’re not blindsided at tax time!
Treasury Secretary Scott Bessent told workers to update their paycheck withholding. But mistakes could trigger a tax bill next season.