State of Washington’s New Payroll Tax is One to Watch

On today’s episode we’re talking about a couple conversations we’ve had with clients in Seattle, Wash. and some recent changes that have been put in place. In 2019, the state approved a new payroll tax that is 100% paid by the employee, the first of its kind in the entire country.

 

Read more and get additional financial resources here: https://wp.me/p9B077-NN 

 

What we discuss on this episode: 

2:28 – New Washington tax

5:24 – What’s the benefit?

7:16 – Opt out

8:36 – What are they telling you?

11:48 – The feds

15:40 – Mailbag: Worried about kids