Announcement

Collapse
No announcement yet.

Any TBH CPA's

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Any TBH CPA's

    The company I work for has started using a company for payroll because we have grown. My problem is my check is considerably less than it normally is.
    I'm being told it's taxes.

    I'm just wondering if someone can help me out via PM to determine what the problem is.

    #2
    doesnt make sense why your taxes would change, assuming you are on salary. Think Concho Man is in the field, but I could be wrong

    Comment


      #3
      not a CPA, but PM sent

      Comment


        #4
        Not too hard to figure out what your withholding per pay period should be based on doing a "dummy" tax return using last year's deductions (adjusted for any known changes) and this year's income, at least as close as you can estimate. Look at your tax bill due based on the return, and divide by the number of pay periods in a year to get the amount to be withheld (in income tax) per pay period to put you in a +/- $0 on April 15th.

        Remember, you can claim as many withholding exemptions on your W4 as you need to get the withholding right--or can ask them to hold out additional each pay period if you are in the hole. Just don't mix up exemptions with dependents on the 1040.

        Comment

        Working...
        X