{"id":22180,"date":"2013-07-01T11:19:43","date_gmt":"2013-07-01T16:19:43","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=22180"},"modified":"2013-07-01T15:45:33","modified_gmt":"2013-07-01T20:45:33","slug":"updated-n-d-income-tax-withholding-rates-updated","status":"publish","type":"post","link":"https:\/\/csinewsnow.com\/?p=22180","title":{"rendered":"Updated N.D. Income Tax Withholding Rates"},"content":{"rendered":"<p><a href=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2012\/07\/cash-register-2.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-751\" alt=\"cash-register-2THUMB\" src=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2012\/07\/cash-register-2.jpeg\" width=\"237\" height=\"191\" srcset=\"https:\/\/csinewsnow.com\/wp-content\/uploads\/2012\/07\/cash-register-2.jpeg 237w, https:\/\/csinewsnow.com\/wp-content\/uploads\/2012\/07\/cash-register-2-150x120.jpeg 150w, https:\/\/csinewsnow.com\/wp-content\/uploads\/2012\/07\/cash-register-2-217x175.jpeg 217w\" sizes=\"auto, (max-width: 237px) 100vw, 237px\" \/><\/a>BISMARCK, N.D.\u00a0 Jul 1, 2013\u2013 Tax Commissioner Cory Fong released newly updated North Dakota Income Tax Withholding Rates and Instructions Booklet, updated Individual Income Tax Withholding Tables for employers, and updated estimated tax forms for individuals, estates, and trusts. The updated publications and tables reflect the reduced income tax rates passed by the 2013 Legislature and signed into law by Governor Dalrymple.<\/p>\n<p>\u201cThis is the third consecutive legislative session that North Dakota has lowered income tax rates,\u201d said Fong. \u201cOur state\u2019s continued strong economy has made it possible to provide North Dakotans with income tax relief that is meaningful and sustainable.\u201d<\/p>\n<p>The bill provides $200 million in additional individual income tax relief through an across-the-board tax rate cut of 19.3 percent.<\/p>\n<p>The Tax Department updated its Income Tax Withholding Rates and Instructions booklet to reflect the changes in rates, including the Individual Income Tax Withholding Tables that employers rely on in their payroll operations. The new booklet and tables are available on the department\u2019s web site at www.nd.gov\/tax.<\/p>\n<p>\u201cAlthough the lower rates are in effect for the entire year, there is no need to try to adjust the state withholding in order to offset several months of applying the higher rates,\u201d said Fong. \u201cInstead, we encourage employers to use the charts going forward as they calculate their payroll, which may result in larger refunds when taxpayers file their 2013 returns.\u201d<br \/>\nThe reduced income tax rates also affect individuals, estates, and trusts required to pay North Dakota estimated income tax.<\/p>\n<p>\u201cIf they choose to do so, taxpayers who make estimated income tax payment may adjust the amount of their state payments for the remainder of 2013 based on the reduced tax rates,\u201d said Fong.<\/p>\n<p>The revised state estimated tax forms are available on the department\u2019s web site. Taxpayers can stay up-to-date on North Dakota tax-related matters by visiting the Tax Department\u2019s web site at www.nd.gov\/tax or connecting with the Tax Department on Facebook and YouTube.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BISMARCK, N.D.\u00a0 Jul 1, 2013\u2013 Tax Commissioner Cory Fong released newly updated North Dakota Income Tax Withholding Rates and Instructions Booklet, updated Individual Income Tax Withholding Tables for employers, and updated estimated tax forms for individuals, estates, and trusts. The updated publications and tables reflect the reduced income tax rates [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":11766,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-22180","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state"],"_links":{"self":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/22180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22180"}],"version-history":[{"count":5,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/22180\/revisions"}],"predecessor-version":[{"id":22209,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/22180\/revisions\/22209"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/11766"}],"wp:attachment":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}