Sharing Economy Tax Center

**Post-Deadline Tax Tip: Review Your Withholding Before Year-End**
 

• If you owed taxes this year or received a smaller refund than expected, consider adjusting your W-4 withholding.
   

• Adjusting now gives you two full months to balance your tax liability
  
   

• Benefits of adjusting now:
  
  - Avoid underpayment penalties in 2026.
  
  - Two full months to balance your tax liability.
  
  - Important if your income, filing status, or deductions changed this year. 
  
  Tax Lady Tip: Use the IRS Tax Withholding Estimator to run the numbers. Then submit a new W-4 to your employer with updated allowances or extra withholding.