Web26 Oct 2024 · Editor’s Note: Washington House lawmakers voted on Jan. 19, 2024 to delay implementing the payroll tax until 2024.. There’s a new Washington state long-term care insurance program and people ... Web1 Jan 2024 · The first is a sales tax of 20.5% for retail sales and 13.7% for sales made in restaurants and bars. The second is a volume tax, called the spirits liter tax, which is equal …
New WA long-term care tax delayed so Legislature can fix it
Web1 Oct 2024 · The program, which will be funded by a mandatory payroll tax, will help pay for eligible long-term care-related expenses. Beginning Jan. 1, every employee will pay 58 … WebAs everyone’s probably aware the state postponed the LTC income tax collection in 2024. It’s scheduled to start this July so if you didn’t opt out, expect a slightly smaller paycheck going forward. On a personal note, the state’s LTC plan doesn’t make a lot of sense as it doesn’t help you if you plan to retire in a different state. small black dot on iphone screen
A Big Deadline for Washington
Web20 Sep 2024 · The tax is 0.58% of a worker’s total wages, with no salary cap. That means an employee earning $100,000 will pay $580 into the fund. But there are exemptions. Adults … Web1 Oct 2024 · Seattle PI. On the first day Washington workers could apply online for an exemption to the state’s new long-term care benefit — the so-called “ WA Cares Fund ” — the state-run website ... Web8 Oct 2024 · The plan, signed into law in 2024 through the Long Term Care Trust Act, will use a 0.58% payroll tax to pay up to a $36,500 benefit for individuals to pay for home health care and an array of... small black dots on body