Are You Having Enough Withheld for Federal Taxes?
10 April 2009 at 12:19 pm by Paula D.As of April 1, 2009 all Employers had to apply the new federal tax withholding tables released in late February by the IRS. The National Taxpayer Advocate, Nina Olson said "Two-income and married workers, as well as pension recipients, may be under-withheld on income tax in 2009 because of the new withholding tax table changes for the Making Work Pay Credit". The new tables reduced the amount withheld for Federal taxes. If you have more than one job or you are married and your combined income places you in a higher tax bracket, you may want to file a new Form ...
