It is now time to fine-tune your W-4 for 2022.
You should now know what your 2021 earnings will be and if you have to pay or are receiving a refund when you file your 2021 income taxes. We can help you with that calculation if needed. If you are receiving a refund, you might want to adjust your withholding so you have that money throughout the year, if you have to pay, you may also want to adjust your withholding so you pay that amount a little bit throughout the year instead of a lump sum with your tax return.
Let us know if we can help you with these calculations or suggest revisions to your W-4 with your employer.