Thursday, July 24, 2014

U.S. Payroll Tax Update - Round 5

New York State released a tax withholding change for Yonkers effective 8/1/2014.

Round 5 Tax Update for the 2014 Year is targeted to release next week, the week of July 28th.

This is a table change only to the flat tax rate, going from 15 to 19.2 percent for both Single and Married.  Please see below for explanation:

We will let you know as soon as we hear more and/or Round 5 Tax Update has been released.

If you have any questions, please contact or call (888) 391-6690.