IRS Tax Tables for 2013
The IRS has released the updated federal tax brackets resulting from the passage (and signing) of the “Fiscal Cliff” legislation.
PayData will be updating our system’s Federal tax tables as soon as they are ready for release.
The adjustment to the employee OASDI rate from 4.2% up to 6.2% has already been implemented in the system.
For more information, visit http://www.irs.gov/pub/irs-pdf/n1036.pdf