Employer didn’t withhold enough Federal Income Tax

Understanding Withholding
Understanding Withholding
Employer didn’t withhold enough Federal Income Tax
Loading
/
Episode 9 • 25th January 2024 • Don't HR Alone • Rhamy Alejeal
Understanding Withholding
Understanding Withholding
Employer didn’t withhold enough Federal Income Tax
Loading
/

Understanding withholding tax is crucial for financial control. Employers withhold a set amount from an employee’s paycheck, directly remitting it to the IRS in their name. This withheld money acts as a credit against the employee’s annual income tax bill.

To understand your Form W-4, we break down the complexities, providing clarity on your paycheck deductions and how they influence your tax situation. Don’t let tax season catch you off guard—be in control!

👍 Don’t forget to like, subscribe, and hit the bell icon for more insightful content on mastering your finances! 💼💸 #SubscribeNow

Related

No related items!

About the author, Rhamy

Rhamy grew up watching and working with his mother and grandmother in the senior insurance market. This familiarity with the struggles faced by people trying to navigate the incredibly complicated and heavily regulated healthcare market led him to start Poplar Financial while working on his degree at the University of Memphis. After completing his MBA and Bachelors in Finance and Economics, Rhamy guided Poplar Financial through the disruptive opportunity that is the Affordable Care Act. Since then Poplar Financial – now People Processes – has received numerous awards from major insurance carriers and industry groups. People Processes focuses on the processes around human resources and specializes in providing companies with between 20 and 300 employees with a complete, GROWN UP HR department, with the service, executives, and technology needed to scale people operations.

Leave a Comment

Your email address will not be published. Required fields are marked *

Subscribe now for Special Subscriber only content!!

Follow Us

Grab a copy now!

Get 75% savings on any of our courses