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If you re counting on a tax refund this spring, an upset could be coming your way.
The new federal W-4 form introduced in 2019 makes major changes.
It s intended to minimize refunds and withholdings to accurately reflect tax liabilities.
In other words, slightly bigger paychecks last year may come at the expense of a smaller refund this spring.
A lot of people should consider changing their withholdings in 2021 if they re not seeing the refund they expected, said Jaime Koeppel who is a Master Tax advisor.
But other options are available this year. Individuals can use their pre-pandemic earning to better represent their tax contribution ....

Jaime Koeppel , Master Tax , ஜெய்ம் கொஎப்பெல் , குரு வரி ,