By Payroll and Entitlements Editorial Staff
New York has released proposed wage bracket and percentage method New York State and Yonkers 2021 withholding tables. The Yonkers nonresident earnings tax rate would remain at 0.50% for 2021. The proposed regulations do not include changes to the supplemental withholding rates. (New York Department of Taxation and Finance, Proposed Regulations (NYS-50-T-NYS (1/21)), September 8, 2020; https://www.tax.ny.gov/pdf/rulemaking/sep0820/withholding/text.pdf).
Interested in submitting an article?
Submit your information to us today!Learn More