Withholding Patterns News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Companies change withholding patterns so they gave workers more tax cut week after week so they got a small return. that's a good deal for taxpayers. you rather have the money up front or get the money at the back end. that's the explanation. it is not that people did not get the tax cut, they got the tax cut each week out of their paycheck but rather than a refund check. >> yes, as stephen says most of the tax cuts were given out to lower withholding however frequently people were paid. the problem is that it is much less. your paycheck changes from week to week and months to month. but in an...

Year, that's a nice tax cut if you are making 70,000 or $80,000 a year. what's interesting is we are figuring out why these tax refunds coming in lower than last year. it looks like what happens is companies change withholding patterns so they gave workers more tax cut week after week so they got a small return. that's a good deal for taxpayers. you rather have the money up or give the government an interest free loan. front or get the money at the back end. that's the explanation. it is not that people did not get the tax cut, they got the tax cut each week out of their paycheck but rather th...