Employers
If you are an employer then you probably are very familiar with payroll withholding amounts. These amounts change according to the laws put into effect by the IRS.
In 2003, the Jobs and Growth Tax Relief Reconciliation Act was put into effect to put more money into employees paychecks. This required the IRS to develop a new tax table and must be used by employers as of July 2003. Now as a result of the American Recovery and Reinvestment Act of 2009, these tables have once again been revised. This new act provides more money for the employee on a weekly basis by lowering the amount of federal tax liability. Learn More, http://hubpages.com/hub/Federal-Payroll-Tax-Withholding-Table-for-2009--2010
