To bridge budget gaps this year, several states increased their state personal income tax. Some states just increased tax on top earner, and some are levying taxes on all taxpayers.
For example, the California State Legislature included a 0.25 percent increase in personal income tax in this year’s budget. That means paying additional state tax of about $125 for taxpayers filing jointly with $50,000 in taxable income, $250 for taxpayers filing jointly with $100,000 in taxable income, and $1,250 for taxpayers filing jointly with $500,000 in taxable income.
New York, Indiana and North Dakota also issued new tax rate. These changes required that the state Income Tax Withholding Tables be adjusted to withhold the additional tax.
Halfpricesoft.com has updated the 2009 tax withholding tables on recent state personal tax changes for ezPaycheck 2009 payroll software. ezPaycheck version 2.5.5 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/
The latest Tax tables are available from:
http://www.halfpricesoft.com/
User can check the current version by clicking "help" top menu on ezPaycheck application, then "About ezPaycheck".
Halfpricesoft.com also sent out email newsletter to remind users to update the payroll software.
About halfpricesoft.com and ezPaycheck Payroll Software
Halfpricesoft.com is a leading software provider of easy-to-use 1099, W2 and Payroll Software solutions for accountants and small to medium size businesses. ezPaycheck payroll software makes doing payroll an easy job.
ezPaycheck is loaded with intelligent, intuitive features but not burdened by complicated suites of expensive applications small businesses will never use or need. The software is ideal for owners of small to mid-sized businesses, and was designed and engineered for ease-of-use by those who have only basic computer skills and little accounting know-how.
"We intentionally engineered this software for those end-users who are not professional accountants and payroll tax experts," explains Dr. Ge, President and Founder of ezPaycheck. "You don't even need to have much knowledge of computers. We believe small business software should be simple - stupid simple - so that owners can focus their time and energy on running their businesses, not trying to figure out how to run payroll software."
For More Information Please Contact:
halfpricesoft.com
P.O. Box 17067 Louisville, KY 40217 USA
email: services@halfpricesoft.com
Fax: (866) 909-6448
or visit the Web Site at: http://www.halfpricesoft.com
