Washington’s Cares Fund Payroll Tax Faces More Delays

The state’s new long-term care payroll tax hits another bump in the road. Governor Jay Inslee recently signed a bill delaying the tax until July 1, 2023, to allow lawmakers time to address concerns about the tax. Even with delays, we encourage you to apply for the state’s exemption process if you have an LTC plan in place. We will continue to monitor the situation for updates.