Recent changes in tax laws make it a good time to be sure you are having the right amount of taxes withheld from your paycheck.

Withholding too little can mean a large tax bill or penalties. If you withhold too much, you get a large refund, but you get less money in your paycheck.

The IRS Withholding Calculator can help. You’ll need recent pay stubs and your most recent income tax return, but you won’t have to provide sensitive information. You can use the results to complete a new W-4 Form for your employer.

For more information, search irs.gov for:

  • Withholding Calculator
  • W-4 Form