Video: Adding Required Tax Accounts
How do I add my company's required state tax accounts for an accurate payroll?
Purpose: This video will show you how to use BambooHR to identify which state and local taxes, if any, apply to your company. It will also walk you through how to update these tax accounts directly in BambooHR.
The new employer tax rate will automatically populate for applicable taxes. You will be responsible for confirming the tax rate or updating the rate based on what the state has provided to your company. If you need to update the rate, the new tax rate will be validated based on an acceptable range for that specific tax type.