GLOBAL PAYROLL MAGAZINE
67
KEY U.S. PAYROLL FIGURES FOR 2025: A QUICK REFERENCE
By Michael Baer
of the month. So, it is important pay systems are timely updated with the changes so accurate payments are made. The key figures to use for 2025 are broken into categories below. While the basic tax rates listed have not changed, the withholding methods are adjusted to account for an increased standard deduction individuals apply against their tax liabilities. Note: Changes to state taxes and other state requirements for 2025 are not included.
Each fall, before the end of the current year, the U.S. federal government adjusts thresholds, limits, and other tax- and labor-related figures for the following year. These are based mostly on the Labor Department’s year-over-year Consumer Price Index (CPI) released by the Bureau of Labor Statistics. The changes generally are incremental, but significant for payroll since they should be accounted for by the first employee payments in January. Most employees in the U.S. are not paid on a monthly schedule, and many will have their first pay of 2025 at the beginning
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