Employers must generally complete Quarter 2 payroll reporting around this time, including:

• Federal Form 941
• Washington Employment Security Department filings
• PFML reporting

Missing payroll deadlines can trigger penalties much faster than income tax issues.

Seattle-Specific Consideration: JumpStart Payroll Tax

For Seattle employers with highly compensated employees, June and July are good times to project annual payroll exposure under the Seattle Payroll Expense Tax (JumpStart Tax).

Many businesses wait until year-end and discover they have a significant liability that could have been forecasted much earlier.

This is particularly relevant for:

• Tech companies
• Engineering firms
• Law firms
• Financial services firms
• Healthcare organizations