“You should never set and forget your W-4 because things change. It’s really important that you always take a look at it every year. Did your filing status change? Did you get married? Did you get divorced? Did your dependents change? Did your household income change? Did you have a spouse that went back to work? Are you deciding to receive Social Security while still working?”
“All of these are reasons why you should look at your W-4 because things happen. Life happens. The way that I have seen this impact people the most is it will usually create a situation where they’re going to owe taxes. It surprises people and we try really hard to avoid those surprises. People who are accustomed to getting refunds now owe. People who are expecting to owe usually owe a lot more to make matters even worse.”
“We feel like this is so incredibly important to take a look at your W-4 that we don’t even charge current clients to do that for them. So what we do is we take a look at their projected income for the year and then we tweak the W-4. The sooner we do this the better off you are here at Accountabilities.”
“We know how confusing and stressful all of this information can be so that’s why we’ve made it our mission to unravel it all. To take it from confusion to clarity.”