Month: September 2019

Tax Allowances Explained: What Are Tax Allowances?

Withholding allowances help an employer determine how much money to take out of an employee’s paycheck to remit to the state and federal tax authorities. You’ve probably filled out a W-4 before: when you check off allowances, that tells your employer just how much to withhold. The more allowances you claim, the less tax is …

Tax Allowances Explained: What Are Tax Allowances? Read More »