High Quality Payroll and HR Services
Client Resources News & Tips Email Us 610-310-7615
Oct 29, 2021
It’s a great time to check tax withholding
The final quarter of 2021 is the perfect time to remind employees to submit a new W4 if they want to change their Federal withholding for 2022.
Events like marriage, divorce, a new child or home purchase can all be reasons to adjust withholding.
The IRS Tax Withholding Estimator makes it easier for everyone to have the right amount of tax withheld. The IRS encourages everyone to use the IRS Tax Withholding Estimator to perform a "paycheck checkup". This will help you make sure you have the right amount of tax withheld from your paycheck.
There are several reasons to check your withholding:
Checking your withholding can help protect against having too little tax withheld and facing an unexpected tax bill or penalty at tax time next year.
At the same time, you may prefer to have less tax withheld up front, so you receive more in your paycheck and get a smaller refund at tax time.
Click the link below for the IRS Tax Withholding Estimator!
Additional information can be found HERE.
MORE RECENT NEWS…
Oct 22, 2026
A Disaster Recovery Plan for Your Business
No one likes to think bad things will happen. But what would happen to your business if there was a fire in your office? Read through to learn why having a disaster recovery plan in place can give you peace of mind.
Oct 21, 2026
Get a Tax Break If You Launch a 401(k)
Eligible employers may be able to claim a tax credit of up to $5,000, for three years, for the ordinary and necessary costs of starting a SEP, SIMPLE IRA or qualified plan (like a 401(k) plan.) Read through to see how your business can benefit.
Oct 20, 2026
IRS Warnings About Payroll Scams
Human resources and payroll departments lacking strong internal controls are vulnerable to cybercrimes. This is not just a tax-season problem. Read through for IRS warnings on HR and payroll tax scams that continue to plague businesses.
Oct 19, 2026
Terminating Employees: Watch the Laws Carefully
Terminating employees before they reach an important work-related milestone can result in legal consequences on your end. Don't find yourself in hot water! Read through to see how at-will employment works.
More News & Press can be found in our Archive.
Panacea Payroll
3277 West Ridge Pike
Suite A101
Pottstown, Pennsylvania 19464
610-310-7615
MEMBER OF
WE'RE SERIOUS ABOUT SECURITY
Staying resilient from malicious threats, cyber and physical, is critical in providing the exemplary value our clients expect from us. To do this, we integrate the National Institute of Standards and Technology's (NIST) Cybersecurity Framework that ensures our security procedures, policies, and infrastructure are up to the highest standard possible. Financial institutions, infrastructure management, defense, healthcare, and other heavily regulated industries that rely on stringent information safeguards use the NIST Cybersecurity Framework. We review our security policies and procedures frequently to ensure newly identified threat and vulnerability information is incorporated. Our network infrastructure and physical locations are continuously monitored for anomalies and uninvited guests. Additionally, our incident response and business continuity plans are tested frequently to minimize the likelihood of backup failures.
© 2026 Panacea Payroll, All Rights Reserved.