You do not have time to read through pile of tax forms, and magically discover how things changed.
That’s is why I am here. And if I can make this process easy for you to understand and help you take action on your long term goals; then there is something –both of us– can be proud.
The meat and bones of your income rely on 2 principles:
If you have too much tax withheld, you will receive a refund when you file your tax return.
If you have too little tax withheld, you will owe tax when you file your tax return and you might owe a penalty.
IRS.gov – Form W-4 (2019)
Directly from IRS forms I review daily. And yes, I have a team that helps me read through them and extract what is most essential for you.
Unfortunately, most find a change in their pay check or tax refund a little too late. I know you want to pay the right amount of taxes; no more, no less and that’s your right as an American.
What I want you to take away from this is:
- You can control of how much you contribute to taxes through the W-4 form at any time.
If your financial status changed because of a new job, a second job, a promotion, or other, you can control how much you contribute at any time.
Remember, tax planning is not a one time event, set it and forget it, or one size fits all: It is actively building your future.
Cheers,
Team Jonie & Co
P.S
Don’t let external forces control your income. Take action now, ask questions, and control how you contribute.