Kentucky enacted a new 5% flat tax Rate in May 2018. This new rate is effective for tax year beginning January 1, 2018. ezPaycheck 2018 Payroll software clients and ezAccounting 2018 software clients can follow the guides below to update.
- How to update ezPaycheck payroll software
- How to update ezAccounting software
Source:
https://revenue.ky.gov/Forms/42A003(TCF)%202018%20Withholding%20Tax%20Formula%20(Released%20May%202018).pdf
This post first appeared on Halfpricesoft Blog | Payroll News, Business Tips, Federal And State Tax Updates, please read the originial post: here