Monday, July 6, 2009

2009 California Withholding Schedules Replaced

Recently a number of states have amended their tax withholding schedules.Using a payroll software can assist you in achieving a smooth transition when applying income tax changes.

As a result of the recent budget, the California Withholding Schedules for 2009 included in the 2009 California Employer’s Guide have been replaced.The schedules have been updated to accurately reflect the withholding amounts that should be withheld in each bracket of income at the time of the employee’s payroll.

Information regarding Method B- Exact calculation method can be found at http://www.edd.ca.gov/pdf_pub_ctr/09methb.pdf

For additional information about California Personal Income Tax www.ftb.ca.gov

This California payroll software has completed the updates and sent the new tax changes, by the internet, to their customers.

Download a free demo of this payroll software: Payroll Mate