
Newsweek
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Just days after this year's April tax deadline passed, the Internal Revenue Service (IRS) is urging taxpayers to review their tax withholding to avoid unexpected tax bills or penalties when filing next year. Tax withholding refers to the amount of federal income tax withheld from your paycheck. The amount your employer withholds from your regular pay depends on the amount you earn and the information you give your employer on Form W–4....