MOUNTAINSIDE―The Internal Revenue Service released new withholding tables that will result in more take-home pay this spring for millions of American workers.
“The new tables, now posted on IRS.gov, incorporate the new Making Work Pay credit, one of the key tax provisions included in the American Recovery and Reinvestment Act of 2009 that became law last week,” said New Jersey’s IRS Spokesperson Gregg Semanick.
“For most taxpayers, the additional credit will automatically start showing up in their paychecks this spring,” said IRS Commissioner Doug Shulman. “Since employers and payroll companies will handle this change, people typically won’t need to take any additional action. The IRS will continue working to implement this and other provisions of the new law as quickly as possible.”






