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New preliminary IRS Payroll Withholding Tax Tables Released

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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.


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