On Feb 21, the Internal Revenue Service released new withholding tables that will result in more take-home pay this spring for millions of American workers. The new tables incorporate the new Making Work Pay credit, one of the key tax provisions included in the American Recovery and Reinvestment Act of 2009 that became law earlier.
The IRS asks that employers start using these new tables as soon as possible but not later than April 1.
Halfpricesoft.com has updated the 2009 tax withholding tables on stimulus package for ezPaycheck payroll software. ezPaycheck version 2.5.2 or later comes with the latest 2009 tax withholding tables. If user is using an old version, user can update ezPaycheck tax tables by downloading the latest ezPaycheck 2009 update package. This update package is totally free for current ezPaycheck 2009 users.
This new update package is available for free download from:
http://www.halfpricesoft.com/payroll_software_update_2009.asp
The latest Tax tables on Stimulus Package are available from:
http://www.halfpricesoft.com/Federal_income_tax_2009.asp
Thursday, March 12, 2009
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