New preliminary IRS Payroll Withholding Tax Tables Released

By now almost everyone knows that the tax tables for 2009 are going to change again. This is due to the economic stimulus package which lowers withholding rates and places more money into the pockets of the average American worker.

The IRS will be releasing a Publication 15-T which includes the final tables. Realizing that many companies want to implement these rates right away, the government has made preliminary tables available.

Please check the IRS site for the final tables (www.irs.gov) and always verify the accuracy of any changes you make to your payroll tax tables.

New IRS Withholding Tables

New IRS Tax Tables February 2009

© 2009, Wayne Schulz. All rights reserved. Formed in 2005. the 90 Minds Consulting Group is a collaboration of 100 Sage partners who independently join together online in a 24 x 7 private communication network to solve difficult issues for their customers. The group is not affiliated with Sage and our collaboration provides for unparalleled member access to early warnings of bugs and other issues which members in turn are encouraged to use to provide an exceptional customer experience.

Wayne is a Glastonbury CT based MAS 90 and MAS 200 consultant specializing in advanced support, training and implementation. He started working with the software in 1986 as a staff CPA at a local accounting firm. He moved onto his own firm in 1995 and has been annoying the members of 90 Minds ever since.

Wayne Schulz

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