Hey ,
Ever heard of a surprise tax bill? This is when you suddenly owe more tax to the government even if your employer had been withholding your taxes throughout the year – or when you had been paying estimated taxes each quarter.
So, what leads to a surprise tax bill?
You may have this surprise tax bill problem if:
- You used to itemize deductions but are now taking the standard deduction.
- You have two jobs.
- You are employed and have another source of non-wage income.
- You skipped – or underpaid – quarterly estimated tax payments.
A surprise tax bill can be
devastating regardless of how you get it. I would personally choose to have a tax refund than this – so should you.
To help you avoid a
surprise tax bill, let me prepare your 2023 tax return. I have saved my clients over $26 million on taxes. I will be happy to help you save on taxes too. Contact my team at (202) 618-1295 to get started, or click the link below.