29. December 2014 08:19
Paychecks changed for Illinois workers from Jan. 1, 2015
Beginning with tax year 2015, the Illinois State personal income tax rates have changed from 5% to 3.75% and exemption allowances increased from $2,100 in 2014 to $2,150 in 2015. Accordingly, effective for payrolls made on or after January 1, 2015, employers must use the revised withholding tax tables and methods included to compute the amount of Illinois State taxes to be withheld from employees.
EzPayCheck payroll software includes this changes in its 2015 version.
- The new Illinois 2015 Withholding Tables (Effective Jan 1, 2015) is available at:
Illinois 2015 Tax Rate
- The old Illinois Tax Tables can be found at:
Illinois 2014 Tax Rate
ezPaycheck 2015 payroll software for small business has been updated with the new 2015 Federal and state tables. New customers are welcome to download and try it free for 30 days with no cost and no obligation at our site