Quote:
Originally Posted by KayakerNC
The latest tax table change was to incorporate the new Making Work Pay credit, one of the key tax provisions included in the American Recovery and Reinvestment Act of 2009. I don't think it was the President lying.
http://www.irs.gov/newsroom/article/...204521,00.html |
This is a Feb 2009 announcement for a new table effective March 2009. We're 5 months beyond that now, and looking for what will be effective by October 1.
The lead time for withholding changes is only as long as it takes to compute the tables and the Government Printing Office to post the change. If you have ever seen the GPO facility, it is impressive. GPO also can contract out any printing it wants to.