WA Cares Fund Contributions
In 2019, Washington state enacted a long-term care insurance program, the Long-Term Services and Supports (LTSS) Trust Act, which will be funded by an employee payroll premium. Employees will be responsible for paying the new payroll tax starting July 1, 2023.
If you should have any questions, please contact our office at (206)243-2336 or email us at office@hawthorne-cpa.com.
** This information is provided for general educational purposes only. Before taking any action based on this information, we strongly encourage you to consult with a professional accounting advisor about your specific situation.