Our online payroll solution, FingerCheck360, is now available to employers in the state of Washington! Added by client request, the Evergreen state is the 10th state to be added to our payroll solution and joins California, Delaware, Florida, Indiana, New Hampshire, New Jersey, New York, Texas, and Tennessee.
Washington state is one of nine states that currently don’t have an income tax. However, Washington does impose one unique requirement all businesses operating within the state must comply with – state-managed workers’ compensation insurance. In Washington state, Workers’ Compensation Insurance for an employer is administered by the Washington State Department of Labor and Industries (WA L&I) in the form of an employer-employee tax.
This tax comes with its own requirements, including a quarterly reporting requirement. “Since Washington administers its workers’ compensation insurance through an employee-employer tax, meeting that obligation requires a little bit more reporting on our side,” says Director of Payroll Compliance Merle Capello CPP. “Based on the payroll data we have in the system, we can file a quarterly report on the client’s behalf by taking the data from our system, including the workers’ comp classification code assigned to each employee, and compiling a report which we then file with the state.”
According to Director Capello, the report will contain information including risk class rate, gross payroll, wages, and worker hours, all factors necessary in order to determine each company’s quarterly workers’ compensation payment. FingerCheck360 will populate the reports with all the necessary employer data and file and submit the reports each quarter to Washington state. If you would like to request our online payroll solution in your state, you can contact us at 1-800-610-9501 or by emailing info@fingercheck.com.
As we stated previously, we plan on rolling out our payroll software nation-wide by the end of the year.