You may want to consider revising your California Income Tax Withholding Exemptions.  California is currently adding 10% to the withholdig tables to assist in the states cash flow problems.  They are effectively trying to borrow $1.5 billion from us taxpayers.  You can offset this reduction in your paycheck by increasing the number of exemptions you claim.  See your human resource or payroll representative at work.  They should be able to help you adjust your exemptions so your paychecks remain approximately the same.

This entry was posted on Friday, October 30th, 2009 at 1:05 pm and is filed under California. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.