Impact of GOP tax overhaul

[Jim in CT]

Originally Posted by spence

Also, I didn't think the new withholding would even be in effect until next month. Jim probably got a little pay bump that took effect Jan 1 he's seeing.

Sadly not a raise. We were told by HR it was the effect of tax rates. I was told (could be wrong) that companies had to have the new rates into payroll systems by next month, but could do it earlier...

[spence]

Originally Posted by Jim in CT

Sadly not a raise. We were told by HR it was the effect of tax rates. I was told (could be wrong) that companies had to have the new rates into payroll systems by next month, but could do it earlier...

The new withholding tables were just made available on the 11th I believe. If you're paid in the arrears like most salary folk your finance department must have lightening skills.

[Jim in CT]

Originally Posted by spence

The new withholding tables were just made available on the 11th I believe. If you're paid in the arrears like most salary folk your finance department must have lightening skills.

Not to demean their lightning skills, isn’t it changing a couple of numbers in a table? In any event, it is what it is. A big enough net bump to pay for a small camper that we will love for many years. My entire congressional delegation voted against it. Along them from the people’s republic of connecticut voted against it
Posted from my iPhone/Mobile device