Hello,
I have a state tax rate applying to an employee for 2016. For 2017 the state rate has changed and I was wondering what the correct protocol is to apply the new rate?
Can I conditionally apply a tax rate according to a particular year?
Thank you!
Changing a tax rate from one rate to another, varies by year
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- Posts: 4
- Joined: Thu Sep 22, 2016 10:57 pm
Re: Changing a tax rate from one rate to another, varies by
Normally you would just change the rate before the first pay period of 2017 and everything should be fine.
However if you need to do a retroactive rate change, that is more involved.
However if you need to do a retroactive rate change, that is more involved.