Three states announce 2009 Withholding rates

by Ted

Three states have made public their 2009 Withholding Tax Tables.

California and Minnesota have both inflation adjusted their tax tables. Nothing too exciting here.

New Mexico actually has lowered the top rate to 4.9% from 5.3% for single taxpayers making over 18050
and married taxpayers making over 31750.

PayMaster Hospitality will update these and the other 47 states as they report in.  You will be able to get the latest tax updates by going to Utilities/Apply SQL Patches and checking for new updates.  See the web based manual for full instructions.

Reminder: Do not update your tax tables until you are ready to run your first 2009 payroll.



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