New Washington Payroll Tax To Pay For ‘Free’ Long-Term Care Benefits From The State
By EsqSocial Corporation 03/05/21
Washington has adopted the nation’s first state-run long-term care (LTC) services and support trust program. Governor Jay Inslee signed SB 1323, amending RCW 50B.04 to provide that, beginning January 1, 2022, Washington employers must withhold a new 0.58 percent payroll tax from all employee wages, with no cap on the amount, and remit those payments to the state quarterly......
By: Jackson Lewis P.C.