The Connecticut Legislature made significant changes to the income tax code earlier this year in a bill Gov. Malloy signed into law in May. Because the law was retroactive to Jan. 1, 2011, employees may have insufficient income tax withheld for the first five months of the year.
The state Department of Revenue Services has released new withholding tables that catch up the withholding for January through May. You can see the new tables for employers, as well as other information, by clicking here to visit the state revenue services website.
The new law increased personal income tax rates, changed tax brackets and phased out the tax benefit of the lower brackets as well as some property tax credits.
If employers don't implement the revised withholding tables, they will be liable for the Connecticut income tax required to be withheld.
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