Three states have new tax tables in Oct 2009

by Ted

Four New Patches for PayMaster Database. California, Wisconsin and Indiana locals have new tax tables that need to be applied in October. Updated SSN database also available. You can apply these patches yourself by going to Utilities/ Apply SQL Patches and select Internet /Check for SQL Patches. It should download at the minimum these four […]

California Gov. Arnold Schwarzenegger increases personal income tax withholding

by Ted

Withholding. will increases by 10%, effective for wages paid after October 31, 2009. Similarly, withholding on supplemental wages increase from 6% to 6.6% effective for supplemental wages paid after October 31, 2009. New tax tables will be available once the official tables are released… More info on this increase CA.gov EDD page This is the […]

California Taxpayers Should Review Their Withholding to Avoid Tax Bills

by Ted

Released: June 11, 2009 A new tax law raises California’s personal income tax rates by .25 percent.  The law also reduces the dependent exemption credit to the same amount of the personal exemption credit—a $210 difference per dependent using 2008 amounts. Some taxpayers may need to increase their wage withholding now to avoid owing taxes […]

CA, NY, AZ issue new withholding tables.

by Ted

All three states require all payroll professionals to implement the new tax tables no later than May 1st. Failure to do so will result in under withholding for your employees. As of April 20th , these tax tables are available to all Paymaster customers through the Apply SQL Patch menu itm in the program. The […]

California raises SDI rates

by Ted

The State Disability Insurance (SDI) withholding rate for 2009 is 1.1 percent up from 0.8 percent. The taxable wage limit is $90,669 for each employee per calendar year. The maximum to withhold for each employee is $997.36. From CA EDD web site

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 […]

California state computers can’t handle pay cut

by Ted

If Gov. Arnold Schwarzenegger wants to issue minimum-wage checks to 200,000 state workers in less than a month, he may want to rehire any semi-retired computer programmers he terminated last week. Democratic state Controller John Chiang said Monday it would take at least six months to reconfigure the state’s payroll system to issue blanket checks […]

California signs law banning trans fats in restaurants

by Ted

Most California eateries must stop cooking with all but small amounts of the substances by 2010. California became the first state to require restaurants to cook without artery-clogging trans fats, such as those in many oils and margarine, under restrictions signed into law Friday by the health-conscious governor. Gov. Arnold Schwarzenegger, a physical-fitness advocate and […]