Uploaded April 2024 | Updated September 2026, 1 week ago
Tax season just wrapped up, and if you're tired of owing the IRS each year, you're not alone. Many find themselves surprised by a tax bill due to insufficient federal tax withholdings by their employers.
In this essential video, I'll guide you through the steps to adjust your withholdings and ensure you never owe the IRS at tax time again. Plus, I'll dive into the reasons why this has become a common problem for taxpayers, explaining shifts in tax policies and personal finances that might be impacting your refunds.
Whether you've always gotten a refund in the past or recently started owing money, I have the insights and solutions you need. Don't miss out—watch now to make next tax season a breeze!
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
🔆 youtu.be/nBDCqPuW2mc
🔆 youtu.be/Odjwxwz9Ba8
🔆 youtu.be/ENcLKhZspx8
🔆 youtu.be/QC2XWhulY24
Thanks for watching my video on, Stop Owing the IRS When You File Your Taxes by Doing This NOW!
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Introduction: How to Stop Owing the IRS
01:03 - Why Do I Owe Taxes This Year?
01:41 - If You've Underwithheld, How Do You Fix This?
02:41 - The New Form W-4: How to Fill Out if You're Married
03:26 - Pro Tip: W4 Married Filing Jointly
03:49 - How to Adjust Your Tax Withholding
04:31 - When and Why the IRS Adjusted the Payroll Tax Tables
05:24 - The New Form W-4 Vs. Old Form W-4
Replay Video Link: youtu.be/VQ6QodtA2Ng
#irs #taxseason #taxseason2024
Tax season just wrapped up, and if you're tired of owing the IRS each year, you're not alone. Many find themselves surprised by a tax bill due to insufficient federal tax withholdings by their employers.
In this essential video, I'll guide you through the steps to adjust your withholdings and ensure you never owe the IRS at tax time again. Plus, I'll dive into the reasons why this has become a common problem for taxpayers, explaining shifts in tax policies and personal finances that might be impacting your refunds.
Whether you've always gotten a refund in the past or recently started owing money, I have the insights and solutions you need. Don't miss out—watch now to make next tax season a breeze!
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
🔆 youtu.be/nBDCqPuW2mc
🔆 youtu.be/Odjwxwz9Ba8
🔆 youtu.be/ENcLKhZspx8
🔆 youtu.be/QC2XWhulY24
Thanks for watching my video on, Stop Owing the IRS When You File Your Taxes by Doing This NOW!
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Introduction: How to Stop Owing the IRS
01:03 - Why Do I Owe Taxes This Year?
01:41 - If You've Underwithheld, How Do You Fix This?
02:41 - The New Form W-4: How to Fill Out if You're Married
03:26 - Pro Tip: W4 Married Filing Jointly
03:49 - How to Adjust Your Tax Withholding
04:31 - When and Why the IRS Adjusted the Payroll Tax Tables
05:24 - The New Form W-4 Vs. Old Form W-4
Replay Video Link: youtu.be/VQ6QodtA2Ng
#irs #taxseason #taxseason2024
