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CFO Corner Week 34: One Number on Your Pay Stub You've Never Looked At

Episode 118 Published 1 month, 1 week ago
Description

Most of us fill out a W-4 once, on day one of a job, and never touch it again — which is fine until April rolls around and you either owe money you didn't budget for, or realize you handed the government an interest-free loan all year. This week, Meghan walks through the paycheck checkup: a free IRS tool, one pay stub, and about fifteen minutes to close the gap between what you're withholding now and what you'll actually owe. Using a real example (Riley, single, $58K salary), she shows exactly how to calculate the fix and which line on your W-4 to adjust.

This week's action: pull your last pay stub, run the IRS Tax Withholding Estimator, and submit an updated W-4 if it flags a gap.

Read the full Show Notes Here!

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