Go change your paycheck withholding if you live in California

Starting this November 2009 (tomorrow), the state of California will be increasing their state tax withholding. The income tax rate doesn't change so for November and December, you will get your money back (assuming you are owed) in April. That isn't so bad...okay, it's bad...but it isn't as bad when compared with an increased withhold in January 2010 that isn't refunded until April 2011?

If you want to keep your paycheck about the same, make sure you change your withhold. I'm not sure if other states are doing this as well.

Click here for the LA Times article.