What is new for New York 2014 payroll tax rate

by admin 17. December 2013 06:14

Paychecks changed for New York workers from Jan. 1, 2014

Beginning with tax year 2014, the New York State personal income tax rates have changed for most taxpayers. Accordingly, effective for payrolls made on or after January 1, 2014, employers must use the revised withholding tax tables and methods included to compute the amount of New York State taxes to be withheld from employees.

 

The withholding allowances for employee is increased in year 2014. The New York income tax rates range from 4% to 9.62% and are levied on New York residents’ income and non-residents’ income from New York sources.

EzPayCheck payroll software includes this changes in its 2014 version.

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  • The new New York 2014 Withholding Tables (Effective Jan 1, 2014) is available at:

http://www.halfpricesoft.com/2014/taxrate-newyork-2014.asp

  • The old New York Tax Tables can be found at:

http://www.halfpricesoft.com/2013/taxrate-newyork-2013.asp

 

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