Income Withholding and Reporting
The South Carolina Department of Revenue has announced that the state will begin updating its withholding tax tables annually on January 1, 2017. New withholding tables will be released each August. The announcement also reminds employers that fourth quarter withholding returns (October through December, 2016) and employers’ W2s, Wage and Tax Statement, are due the last day of January 2017.
Read the Announcement