California Taxpayers Should Review Their Withholding to Avoid Tax Bills
by TedReleased: 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 […]