Washington delays premium assessment for WA Cares Fund
Washing Governor Jay Inslee and Washington Democratic Legislative leaders issued a joint statement announcing an agreement to delay the new WA Cares payroll tax on employees. The statement described that they will conduct further work to address concerns over the new long-term care program. The WA Cares program was approved in 2019, with the intention […]
Executive Action Defers Payroll Taxes
On Saturday, August 8, President Trump signed a memorandum deferring the deadline for payroll taxes that employers deduct from employee paychecks and submit to the IRS. The order defers employees’ obligation to pay a 6.2% Social Security tax per paycheck and defers these taxes from September 1 through December 31, 2020. Treasury Secretary Steven Mnuchin […]
New Oregon Statewide Transit Tax
The 2017 Oregon Legislature passed House Bill 2017, which included a new statewide transit tax. Starting July 1, 2018, employers must start withholding the tax in the amount of one-tenth of one percent (0.001) from: Wages of Oregon residents (regardless of where the work is performed) Wages of nonresidents who perform services in Oregon This […]