Highfill, Jannett; Thorson, Douglas; Weber, William V. - In: Public Finance Review 26 (1998) 4, pp. 376-391
This article analyzes a basic timing problem faced by taxpayers—they must choose their levels of withholding and/or estimated tax payments before knowing exactly what their incomes and deductibles will be. Thus, the laws on withholding impose a compliance cost on taxpayers because they...