A. After you are done with your 2017 tax, if you owe IRS money or have a refund, there is one thing you need to do, but most people are too lazy to do - check your tax withholding and make sure it is accurate.
This is especially important in 2018 due to the new tax law changes, and right after you are done with your 2017 is the best time to do so because you have all the data you need.
How to Set AccurateTax Withholding?
1. Go to IRS.gov and search for "tax withholding calculator".
2. You will see an updated tool to review and change your W-4 for 2018.
3. The tool has 5 pages, with your 2017 tax return information handy, you can get all the 5 steps done easily.
4. At page 5, you will see the results and recommendations from IRS to set the right amount of tax withholding.