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oh urgh. oh well. Happens to everyone.
Nov. 17th, 2009 02:45 pmReceived from Payroll.
"As a result of the changes to California State Tax Law, the amount of state income tax withheld from each employee's paycheck will increase 10 percent effective November 1, 2009. The new law (ABX4 17) accelerates state income tax withholding so that more is withheld from each paycheck. This is not a tax increase. It is an effort by the state to bring in cash more quickly to address the state's budget shortage. Your state income tax bill will not increase, and the amount owed/refunded at tax time in April 2010 will be adjusted accordingly.
Bi-weekly employees will see the rate change reflected in their November 25, 2009 paychecks. Monthly employees will see the change reflected in their December 1, 2009 paychecks."
"As a result of the changes to California State Tax Law, the amount of state income tax withheld from each employee's paycheck will increase 10 percent effective November 1, 2009. The new law (ABX4 17) accelerates state income tax withholding so that more is withheld from each paycheck. This is not a tax increase. It is an effort by the state to bring in cash more quickly to address the state's budget shortage. Your state income tax bill will not increase, and the amount owed/refunded at tax time in April 2010 will be adjusted accordingly.
Bi-weekly employees will see the rate change reflected in their November 25, 2009 paychecks. Monthly employees will see the change reflected in their December 1, 2009 paychecks."
