With the New Year come new taxes and we’re happy to announce the tax changes that have been announced are now live on paycheckcity.com’s suite of calculators. The updates include federal, state, and local changes that go into effect January 1, 2017. Rest assured, you can now calculate your paychecks with complete accuracy! Each one of the calculators on the site has been updated, including the salary calculator,
hourly calculator, and bonus pay calculator (both the percent method and aggregate method). The more information you’re able to enter into a calculation, the more accurate it will be. Required information includes: check date, state for withholding, gross pay, pay frequency, federal filing status, and number of federal allowances. Additional fields are available for voluntary deductions. While your mind might be on other New Year’s resolutions, make sure you keep up-to-date on what your paycheck should look like by using PaycheckCity calculators!
These free resources should not be taken as tax or legal advice. Content provided is intended as general information. Tax regulations and laws change and the impact of laws can vary. Consult a tax advisor, CPA or lawyer for guidance on your specific situation.