Washington, D.C. payroll companies offer local small businesses a way to focus on what they do best and let professionals handle payroll. Use our list to find the best payroll services near you.
Top Washington, D.C. Payroll Services:
Dimov Tax Specialists
Make My Day, CPA
Speedy Tax & Accounting Services, PLLC
Trinity Tax Associates
International Accounting & Tax Consultants
CFO Services Group
John C. Walsh & Co, PC
Xpert Tax, LLC
Superior Tax Services, LLC
The tax rates in Washington, D.C. vary according to an employee's income and are outlined below.
Washington, D.C. Income Tax Rates:
Not over $10,000.00
4% of the taxable income.
Over $10,000.00 but not over $40,000.00
$400.00, plus 6% of the excess over $10,000.00.
Over $40,000.00 but not over $60,000.00
$2,200.00, plus 6.5% of the excess over $40,000.00.
Over $60,000.00 but not over $350,000.00
$3,500.00, plus 8.5% of the excess over $60,000.00.
Over $350,000.00 but not over $1,000,000.00
$28,150.00, plus 8.75% of the excess above $350,000.00.
$85,025.00, plus 8.95% of the excess above $1,000,000.00.
The above tax rates are applicable to employees only. In the case of independent contractors, different tax rules apply.
Employers in Washington, D.C. are required to withhold paid unemployment insurance. The unemployment insurance rate is determined on an employer-by-employer basis and ranges from 0.33% to 6.02%.
Washington, D.C. does not have any reciprocal agreements with other states. Washington, D.C. has a minimum wage of $15.74 per hour as of January 1, 2023.
What are the best small business payroll service providers in Washington, D.C.?
- Xpert Tax, LLC.
- John C. Walsh & Co, PC.
- Speedy Tax & Accounting Services, PLLC.
- Trinity Tax Associates.
- Superior Tax Services, LLC.
- Dimov Tax Specialists.
- Make My Day, CPA.
- Fidelis CPA.
What do payroll processing services in Washington, D.C. cost?
Washington, D.C. payroll services generally cost between $19.00 and $200.00 per month, depending on taxes, how often you run payroll, and the number of employees, among other factors.
What should I know about doing payroll in Washington, D.C.?
- Employers in Washington, D.C. are required to withhold local income taxes from employees' paychecks together with federal income tax.
- Washington D.C. has an advanced tax system with tax rates that range between 4% and 8.95%, but it depends on the employee's income level.
- Employers must comply with the D.C. Wage Payment and Collection Law, which requires that employers pay their employees in full and on time.