Updates
Updates include calculation and rate changes to reflect current tax law resulting from inflation adjustments, legislative changes, and review of supported authorities. Effective dates indicate when the changes enter into force. Updates are effective January 1 unless stated otherwise.
Amounts are given in CAD or USD. Amounts are annual unless stated otherwise. Changes apply to income tax unless stated otherwise.
United States – 2024
Arkansas
Corrected the supplemental rate by decreasing it by 0.5% to 3.9%.
Pennsylvania
Decreased the Philadelphia resident effective statute tax rate by 0.02% to 3.75% for 2024.
United States – 2025
Georgia
Decreased the statute and supplemental rates by 0.20% to 5.19%.
Idaho
Made the following changes:
Increased the 0% bracket threshold for all employees. The threshold increased by $137 to $4,811 for single employees.
Decreased the statute and supplemental rates by 0.4% to 5.3%.
Kentucky
Updated the thresholds for Boone County.
Ohio
Updated the rates for eight local tax authorities.*
Pennsylvania
Updated the rates for fifteen local tax authorities.*
Utah
Decreased the statute and supplemental rates by 0.05% to 4.5%.
West Virginia
Decreased the supplemental rates for all brackets. The top bracket rate decreased by 0.3% to 4.82%.
*Please reach out to your Equus contact for a list of specific authorities.