Ask CPA Sam

Payroll, Tax, Financial and Other Random Discussions

Entries Tagged ‘ARRA’

Making Work Pay Credit…Doesn’t It

Q. My paycheck increased this week for some reason.  My payroll department says it is because of the Stimulus package that was just passed.  They can’t find any details.  What changed? A. This was supposed to be so easy.  Congress passed legislation giving single individuals a $400 credit for the year and married folks $800 [...]

Stimulus Withholding Tables Released

I thought this news warranted a special release.  The new withholding tables related to the recently signed Stimulus package, called the “American Recovery and Reinvestment Act of 2009″ have been released. You can download a copy here.  These will ultimately be incorporated in Publication 15-T when that is released to the IRS website.  The significant [...]