.....Advertisement.....
.....Advertisement.....

Should you adjust your tax withholding?

-A A +A

Now that tax day has passed, chances are you’re either waiting patiently for your 2011 tax refund to arrive, it’s already been spent, or you just wrote the U.S. Treasury a check and are in budget-cutting mode.
It’s difficult to calculate exactly how much you’ll owe in taxes unless your income and family situation are identical from year to year. But going more than a few hundred dollars above or below your final tax bill is not a good idea: A big refund means you’ve been giving the government an interest-free loan, while significantly underpaying means you may have to pay costly penalties and interest on the amount.
Your goal should be to receive little or no tax refund. Better to use that money throughout the year to pay down credit card balances or other debt, build emergency savings, beef up your retirement plan contributions or invest it where you can earn interest or dividends.
Unless you’re self-employed, retired or had unexpected sources of income, the driving factor for how much tax you owe or have refunded is probably your W-4 form. That’s one of the many forms you filled out your first day on the job and probably never thought about again.


If you subscribe to the newspaper, you receive FREE access to all the exclusive content of the web site! Simply register to receive uninterrupted access to our award-winning and in-depth local online content!

Renew Current or Past Subscription / Register for Online Subscription

If you currently subscribe or have subscribed in the past to the Los Alamos Monitor, then simply find your account number on your mailing label and enter it below.

Click the question mark below to see where your account ID appears on your mailing label.

Newspaper Acct. ID:
info
Street Address:
(exactly as it appears on the label)

If you are a subscriber and you do not know your account ID or don't have a copy of your newspaper available that shows the information on the address label you can click continue below to search for your account.

New Subscription/30 Day Free Trial Account

If you are new to the award winning Los Alamos Monitor and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.

ZIP Code:



Create a limited access account.
Register to participate in community forums, post on the community calendar, blog etc. This registration does not give you full access to read our award winning content, etc.

The Los Alamos Monitor | lacirculation@lamonitor.com | 505-662-4185
256 DP Road, Los Alamos, NM 87544
Office Hours are 8:00 a.m. to 5:00 p.m., Monday through Friday