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What Are the Common Types of Payroll Deductions?

January 19, 2023 by Brett Tams

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Who doesn’t love receiving a paycheck and knowing you can use it to pay bills or maybe even indulge in a little splurge or two? But when you see just how much you are taking home as net pay vs. gross pay, it can be a little deflating. Looking more closely at your paystub or […]

The post What Are the Common Types of Payroll Deductions? appeared first on SoFi.

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How to Change Your Tax Withholdings — and When to Do It

January 18, 2023 by Brett Tams

A major life change is among the reasons you should probably review how much of your paycheck goes to taxes.

Posted in: Moving Guide Tagged: 2, 2022, 2023, All, allowance, Bank, basics, before, business, calculator, Children, cleaning, collecting, couch, couple, Deductible, deductions, design, driving, Emergency, Emergency Fund, filing jointly, Financial Wize, FinancialWize, friendly, fund, funds, General, get started, good, government, Grow, house, household, How To, Income, income tax, Income Taxes, interest, investment, irs, job, jobs, Life, loan, Make, making, married, money, More, Mortgage, mortgage interest, new, new job, Original, paycheck, plan, property, property taxes, rate, Rates, rental, rental property, retirement, Review, save, Save Money, Saving, saving money, Side Hustle, single, spouse, Spring, spring cleaning, story, tax, tax rates, tax refund, tax season, tax time, tax withholding, taxable income, taxes, Uber, W-4 form, wages, Wedding, will, woman, work, working

When to Change Tax Withholdings — and How to Do It

March 31, 2022 by Brett Tams

Wondering when you need to change your tax withholdings — and how to actually do so? We break it all down quicker than you can say “W-4.”

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

Posted in: Frugal Living, Taxes Tagged: 2, 2021, All, allowance, Bank, Banking, basics, business, calculator, cleaning, collecting, couple, Deductible, deductions, design, driving, Emergency, evergreen, filing jointly, Finance, Financial Wize, FinancialWize, Freebies, freelancers, friendly, General, good, government, Grow, house, household, How To, Income, income tax, Income Taxes, interest, Investing, investment, irs, job, jobs, Life, loan, Make, making, money, More, Mortgage, mortgage interest, new, new job, Original, paycheck, Personal, personal finance, property, property taxes, rate, Rates, rental, rental property, repub, retirement, save, Save Money, Side Hustle, single, spouse, Spring, spring cleaning, tax, tax rates, tax season, tax time, tax withholding, taxes, Uber, W-4 form, wages, will, work, working

2022 Tax Calendar: Important Tax Due Dates and Deadlines

January 2, 2022 by Brett Tams

Know the tax deadlines that apply to you, so you don’t get hit with IRS penalties or miss out on a valuable tax break.

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10 Things Every Worker Needs to Know About the W-4 Form

September 3, 2021 by Brett Tams

Anyone who has started a new job will know about filling out a W-4 form. Your new boss will use that information to calculate how much tax to withhold from your paycheck.

Posted in: First Time Home Buyers Tagged: 1099, 2021, accountant, All, ask, Bank, bank account, big, Buying, Buying a Home, calculator, Capital Gains, collecting, Credit, credits, deductions, dividends, education, Family, Financial Wize, FinancialWize, home, How To, Income, income tax, interest, IRAs, irs, itemized deductions, job, jobs, Life, lists, loan, loan interest, low, Make, making, Medicare, money, More, more money, needs, new, new job, paycheck, president, questions, Rates, save, second, security, Self-employment, side gig, social security, space, spouse, standard deduction, student, tax, tax credit, tax credits, tax deductions, tax rates, tax withholding, taxes, W-4 form, wages, will, work, workers, working

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