This Simple Tax Error Is Costing You $2,800

“Tax” has become a four-letter word in political discourse, but whether you think companies should pay less or rich people should pay more, there’s one thing most Americans can agree on: They’d be happy if their annual tax bill dropped. The funny thing is, more than two-thirds of us actually prefer to pay more than we owe by maximizing our withholdings. Sounds crazy, but a new survey from MoneyRates.com finds that 68% of taxpayers prefer to have more taken out of their paychecks so they ...