Maryland Withholding Update
by TedJuly 1st update for MD state taxes.
Maryland has made a slight change in their tax rates that are effective July 1, 2008.
Their website is not updated yet ! But comparing it to the update that went out Jan 1, 2008, it seems the only change is an additional bracket for employees making over a $1,000,000 with an additional .75% withholding.
Auto update is available now for this mid year tax change.
Just goto Utilities/Apply SQL Patches and then click on Internet/Check for SQL Updates.
It should download the patch called 2008Jul1-taxMD.SQL and then apply this patch to all MD companies.
Leave a Reply
You must be logged in to post a comment.