The State of Ohio Income Tax Withholding Tables for 2017 are an essential tool for business owners and payroll professionals. With the new year comes changes to the withholding tables that can have a significant impact on employers and employees alike. In this article, we'll discuss the latest changes to the Ohio Income Tax Withholding Tables and provide guidance on how to use them properly.
In Ohio, the withholding tables are determined by the Department of Taxation and are based on the employee's filing status, wages, and number of allowances claimed. The information provided in the withholding tables is used to calculate the amount of income tax to be withheld from each employee’s paycheck. The withholding tables also provide information on other taxes such as the Social Security and Medicare taxes.
Understanding the changes to the Ohio Income Tax Withholding Tables is important for business owners and payroll professionals. It is essential to ensure that the proper amount of taxes are being withheld from employee paychecks and that the company is compliant with state and federal laws. This article will provide a detailed overview of the 2017 Ohio Income Tax Withholding Tables and explain how to use them correctly.
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