{"id":1150,"date":"2009-06-15T21:47:52","date_gmt":"2009-06-16T01:47:52","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=1150"},"modified":"2009-06-15T21:47:52","modified_gmt":"2009-06-16T01:47:52","slug":"franchise-tax-board-suggests-taxpayers-review-withholding","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2009\/06\/franchise-tax-board-suggests-taxpayers-review-withholding\/","title":{"rendered":"Franchise Tax Board Suggests Taxpayers Review Withholding"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"margin: 0in 0in 0pt;\"><span style=\"font-family: Verdana; font-size: 10pt;\">The <a href=\"http:\/\/www.ftb.ca.gov\/\" target=\"_blank\">California Franchise Tax Board (FTB)<\/a> recently recommended that taxpayers review their withholding due to changes in the state personal income tax laws. Recent changes increased the tax rates by 0.25% and reduced the dependent exemption credit. Tax tables have been amended to reflect the change in tax rates, but only prospectively. They have not been amended to reflect the change in the dependent exemption credits. Therefore, the <a href=\"http:\/\/www.ftb.ca.gov\/\" target=\"_blank\">FTB<\/a> is recommending taxpayers complete a new <a href=\"http:\/\/www.edd.ca.gov\/pdf_pub_ctr\/de4.pdf\" target=\"_blank\">California Form DE-4, <em style=\"mso-bidi-font-style: normal;\">Employee\u2019s Withholding Allowance Certificate<\/em><\/a>, to adjust their withholding if necessary. Employers who receive a revised <a href=\"http:\/\/www.edd.ca.gov\/pdf_pub_ctr\/de4.pdf\" target=\"_blank\">Form DE-4<\/a> should update their payroll records online or contact <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> with the updated information.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The California Franchise Tax Board (FTB) recently recommended that taxpayers review their withholding due to changes in the state personal income tax laws. Recent changes increased the tax rates by 0.25% and reduced the dependent exemption credit. Tax tables have been amended to reflect the change in tax rates, but only prospectively. They have not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[209,649,936,937],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/1150"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=1150"}],"version-history":[{"count":3,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/1150\/revisions"}],"predecessor-version":[{"id":1153,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/1150\/revisions\/1153"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=1150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=1150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=1150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}