California Raises Income Tax Withholding for Most Employees
The California Employment Development Department (EDD) has released revised withholding tables to reflect the changes to the budget recently agreed to by California Governor Arnold Schwarzenegger and the state legislature. The changes include increases to the tax bracket percentages and decreases to the low income exemptions. Vision Payroll has implemented the revised California PIT Withholding Schedules and California employees should see the impact in their next pay check. Contact Vision Payroll if you have any questions on the revisions to California income tax withholding.
Vision Payroll