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Prepare for Seattle's New Excess Compensation Payroll Tax
Moss Adams LLP 
[Guidance Overview] Mar. 12, 2025 "A new payroll tax on employers with individuals earning excessive compensation in Seattle ... was enacted on February 12, 2025, ... Effective January 1, 2025, the tax is imposed on persons, including not-for-profit organizations or other entities, engaging in business in Seattle, with highly paid employees who earn more than $1,000,000." MORE >> |
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