IRS has stated during its Nov. 10 payroll industry conference call that it is unlikely that any 2011 withholding tables will be issued this month. The percentage method withholding tables are usually issued in November to give payroll professionals sufficient time to get the tables into their computer systems before the new rates go into effect in January.
However, this year the tables will not be issued until Congress decides whether to adjust the tax rates.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment