THU PM Update: Evers administration to update individual income tax withholding tables

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-- Three months after vetoing a similar provision in the GOP-authored state budget, the Evers administration announced it will update individual income tax withholding tables, effective Jan. 1.
The update reflects income tax cuts signed in the state budget as well as those implemented in 2019 and 2020, plus changes to income brackets and the standard deduction in effect for tax year 2022.
The Department of Revenue said the tables, last updated in 2014, must be implemented by employers no later than Jan. 1.
In his veto message,...

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