reminders
New tax laws designed to boost the economy by giving you a bit more cash in your pocket might lead to problems for you next year if you're in a dual-income household. The new payroll tax tables mean you could end up withholding too little without even knowing it and, though you're welcome to take that long-awaited trip up the Zambezi, you probably won't enjoy writing a check to the IRS come April 2010.
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tax cat
CNN points out that while it's wonderful to be getting the "
Making Work Pay"
tax credit right away through your employer adjusting your
withholding — some people
might end up getting more credit than they really are entitled to — meaning they may end up owing money at the end of the year.
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