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November 14, 2022: EDD released 2023 Contribution Rates, Withholding Schedules, and Meals and Lodging Values

November 11, 2022 177

Due to the impact of the unprecedented COVID-19 crisis, California has had an outstanding federal loan balance for two consecutive years. As a result, California employers will see an increase in their FUTA taxes in January 2023 for wages paid to their workers in 2022. Employers can find updated information for 2023 payroll withholding on the EDD website.

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