Due to the recent signing of a tax relief bill by the President, you will notice an increase in your net pay this pay period. This is due to the 2% decrease of social security taxes withheld. This decrease will be in effect for the tax year of 2011.
The 2011 Federal tax tables have been received and will go into effect with the second payroll of January. With these new tax tables, you will see an increase in the Federal taxes withheld.
Please contact Michelle Burton at 832-6438 with any questions.
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