In the summer, when things are usually not as stressful from a business or tax standpoint, it is a good time to quickly review how your tax situation has changed from the previous year.  If you had a change in 2014, now would be a good time to update your income tax payments to federal and state governments for the year.  See this IRS regarding updating W4s and estimated tax payments:

http://content.govdelivery.com/accounts/USIRS/bulletins/c573b1?reqfrom=share

This way there won’t be a huge surprise at tax time, either with a huge overpayment or a big tax bill.  Talk to your tax preparer – they can help you estimate the tax so you have information to work with.

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