{"id":1198,"date":"2018-11-14T18:02:45","date_gmt":"2018-11-14T18:02:45","guid":{"rendered":"https:\/\/www.oconnorcpafirm.com\/blog\/?p=1198"},"modified":"2018-11-14T18:02:45","modified_gmt":"2018-11-14T18:02:45","slug":"dont-pay-more-because-of-underpayment-penalties","status":"publish","type":"post","link":"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/","title":{"rendered":"Don\u2019t pay more because of underpayment penalties"},"content":{"rendered":"<p>A great way to make sure your tax bill isn\u2019t larger than it has to be come April is to keep track of your 2018 withholding and\/or estimated taxes. If you\u2019ve underpaid, consider adjusting your withholding for the last few months of this year, or increasing your remaining quarterly estimate.<\/p>\n<p>We have found many clients have withholding amounts that WILL NOT cover their 2018 tax liability, especially when combined with a spouses&#8217; income. Don&#8217;t wait for what will surely be an unwelcome surprise in April 2019. Know where you stand on your payments today. Get tax planning if necessary to avoid the bad news or being unable to pay your outstanding liability due to too little withholding during 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A great way to make sure your tax bill isn\u2019t larger than it has to be come April is to keep track of your 2018 withholding and\/or estimated taxes. If you\u2019ve underpaid, consider adjusting your withholding for the last few months of this year, or increasing your remaining quarterly estimate. We have found many clients [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Don\u2019t pay more because of underpayment penalties - O&#039;Connor CPA Firm<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Don\u2019t pay more because of underpayment penalties - O&#039;Connor CPA Firm\" \/>\n<meta property=\"og:description\" content=\"A great way to make sure your tax bill isn\u2019t larger than it has to be come April is to keep track of your 2018 withholding and\/or estimated taxes. If you\u2019ve underpaid, consider adjusting your withholding for the last few months of this year, or increasing your remaining quarterly estimate. We have found many clients [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/\" \/>\n<meta property=\"og:site_name\" content=\"O&#039;Connor CPA Firm\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-14T18:02:45+00:00\" \/>\n<meta name=\"author\" content=\"Tricia O&#039;Connor CPA MBA\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tricia O'Connor CPA MBA\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/\",\"url\":\"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/\",\"name\":\"Don\u2019t pay more because of underpayment penalties - O&#039;Connor CPA Firm\",\"isPartOf\":{\"@id\":\"https:\/\/www.oconnorcpafirm.com\/blog\/#website\"},\"datePublished\":\"2018-11-14T18:02:45+00:00\",\"dateModified\":\"2018-11-14T18:02:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.oconnorcpafirm.com\/blog\/#\/schema\/person\/be926ce3c5e9e19cb67276085b6eb993\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.oconnorcpafirm.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Don\u2019t pay more because of underpayment penalties\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.oconnorcpafirm.com\/blog\/#website\",\"url\":\"https:\/\/www.oconnorcpafirm.com\/blog\/\",\"name\":\"O&#039;Connor CPA Firm\",\"description\":\"Denver CPA Firm and Business Advisor\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.oconnorcpafirm.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.oconnorcpafirm.com\/blog\/#\/schema\/person\/be926ce3c5e9e19cb67276085b6eb993\",\"name\":\"Tricia O'Connor CPA MBA\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oconnorcpafirm.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/36b63b138f7a7158415b427996bd1a24?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/36b63b138f7a7158415b427996bd1a24?s=96&d=mm&r=g\",\"caption\":\"Tricia O'Connor CPA MBA\"},\"sameAs\":[\"http:\/\/oconnorcpafirm.com\"],\"url\":\"https:\/\/www.oconnorcpafirm.com\/blog\/author\/triciaoc\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Don\u2019t pay more because of underpayment penalties - O&#039;Connor CPA Firm","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/","og_locale":"en_US","og_type":"article","og_title":"Don\u2019t pay more because of underpayment penalties - O&#039;Connor CPA Firm","og_description":"A great way to make sure your tax bill isn\u2019t larger than it has to be come April is to keep track of your 2018 withholding and\/or estimated taxes. If you\u2019ve underpaid, consider adjusting your withholding for the last few months of this year, or increasing your remaining quarterly estimate. We have found many clients [&hellip;]","og_url":"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/","og_site_name":"O&#039;Connor CPA Firm","article_published_time":"2018-11-14T18:02:45+00:00","author":"Tricia O'Connor CPA MBA","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tricia O'Connor CPA MBA","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/","url":"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/","name":"Don\u2019t pay more because of underpayment penalties - O&#039;Connor CPA Firm","isPartOf":{"@id":"https:\/\/www.oconnorcpafirm.com\/blog\/#website"},"datePublished":"2018-11-14T18:02:45+00:00","dateModified":"2018-11-14T18:02:45+00:00","author":{"@id":"https:\/\/www.oconnorcpafirm.com\/blog\/#\/schema\/person\/be926ce3c5e9e19cb67276085b6eb993"},"breadcrumb":{"@id":"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.oconnorcpafirm.com\/blog\/2018\/11\/dont-pay-more-because-of-underpayment-penalties\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.oconnorcpafirm.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Don\u2019t pay more because of underpayment penalties"}]},{"@type":"WebSite","@id":"https:\/\/www.oconnorcpafirm.com\/blog\/#website","url":"https:\/\/www.oconnorcpafirm.com\/blog\/","name":"O&#039;Connor CPA Firm","description":"Denver CPA Firm and Business Advisor","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.oconnorcpafirm.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.oconnorcpafirm.com\/blog\/#\/schema\/person\/be926ce3c5e9e19cb67276085b6eb993","name":"Tricia O'Connor CPA MBA","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oconnorcpafirm.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/36b63b138f7a7158415b427996bd1a24?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/36b63b138f7a7158415b427996bd1a24?s=96&d=mm&r=g","caption":"Tricia O'Connor CPA MBA"},"sameAs":["http:\/\/oconnorcpafirm.com"],"url":"https:\/\/www.oconnorcpafirm.com\/blog\/author\/triciaoc\/"}]}},"_links":{"self":[{"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/posts\/1198"}],"collection":[{"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/comments?post=1198"}],"version-history":[{"count":1,"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/posts\/1198\/revisions"}],"predecessor-version":[{"id":1199,"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/posts\/1198\/revisions\/1199"}],"wp:attachment":[{"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/media?parent=1198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/categories?post=1198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oconnorcpafirm.com\/blog\/wp-json\/wp\/v2\/tags?post=1198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}