temperance14: (Default)
temperance14 ([personal profile] temperance14) wrote2009-11-17 02:45 pm
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oh urgh. oh well. Happens to everyone.

Received 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."

[identity profile] lyahdan.livejournal.com 2009-11-17 10:50 pm (UTC)(link)
Yeah, was looking at that this morning..ah well.

[identity profile] witless-nerd.livejournal.com 2009-11-18 03:02 am (UTC)(link)
Damn.. but I don't want to give the government an interest-free loan.

I'm going to claim the state's childish impatience as a dependent :P

[identity profile] elhoff.livejournal.com 2009-11-19 02:20 am (UTC)(link)
Just adjust your withholding to bring it back to where it was before!