January 1 brings some important payroll tax changes for employers: PFMFL tax rates: Total premiums are now 0.8% of total gross wages up to the social security cap. More information can be found…..
There is a new mandatory payroll tax that will affect nearly all employees in the state of Washington. This long-term care (LTC) tax has not yet raised a lot of attention but is fast approaching. The Employment Security Department (ESD) created the WA Cares Fund that is administering this new payroll tax.