The information in your Tax Profile allows Wave to calculate the employer portion of payroll tax liabilities and remind you when tax payments are due.
United States
- Click your business name in the top right corner, then click Business settings.
- In the Settings menu, under Payroll, click Tax Profile.
- Click the dropdown arrow to the right of the tax you need to edit.
- Click the pencil icon to edit the existing number, or select the trash can to delete
the number.Ensure the numbers you enter are formatted correctly as the format varies by state. Reach out to your state or refer to any documentation from the state that shows how the number is formatted.
- To enter a new number, click New, then enter the number and effective date.
- Click Submit.
Even when an employee from another state is no longer employed, the employer portion of their taxes will remain on your Tax Profile. This information cannot be deleted for compliance purposes.
Canada
- Click your business name in the top right corner, then click Business settings.
- In the Settings menu, under Payroll, click Tax Profile.
- Click the dropdown arrow to the right of the detail you need to edit.
- Click the pencil icon to edit your CRA payroll account number or payroll
remittance frequency. - Click the checkmark icon.
Your CRA payroll account number cannot be edited if a payroll has been run. If you received a new account number from restructuring your business, create a new business profile to reflect this information. Learn how to add a new business to your Wave account.