2012 State Tax Updates
Posted by Shawn Sweeney on January 10, 2012

The 2012 state tax updates are now available. Orion Mobility has updated its reloviews software with the new changes.  Below is a listing of the bigger changes starting 1/1/12:

  • DC – Added an extra tax bracket for those making $350,000+ with a rate of 8.95%.  Previously the top withholding and marginal tax rate was 8.5%.
  • Delaware – Lowered the top tax rate from 6.95% to 6.75%, for withholding and marginal tax purposes.
  • New York – Lowered the flat supplemental withholding rate from 9.77% to 9.62%.
  • Oklahoma – Lowered the top marginal tax rate from 5.5% to 5.25%.

Thanks and Happy New Year!

 

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