FIND A CONTRACTOR


FOR CONSUMERS

FOR PROFESSIONALS


Recent News Articles

What are the Biggest Mistakes that Small Remodeling Businesses Make?

Basic Ladder Safety

Three Design Schemes that are Heating Up this Summer

Miami Valley Remodeling Company Receives Top National Award

Group-Rating Safety Accountability


Browse by Category

Awards
Business Planning
Chapter News
Education
General News
Government Affairs
Legal Corner
NARI News
National News


Browse Archives

July 2017
April 2017
July 2016
April 2016
February 2016
December 2015
November 2015
October 2015
September 2015
July 2015
June 2015
May 2015
April 2015
March 2015

BWC Payroll Report Filing Deadline

Published on October 21, 2015
Remodeling and Home Design

Businesses in Ohio should be aware that the Ohio Bureau of Workers’ Compensation (BWC) has recently transitioned to its new prospective premium payment system.  The BWC is providing a ‘Transition Credit’ in place of your January through June 2015 premium payment.  

In order to receive the credit, businesses needed to file a payroll report for the January – June, 2015 period with BWC by August, 31, 2015.  Businesses that did not file the payroll report, had the premium for that period estimated and the BWC invoiced them on October 1, 2015. 

There is still time to resolve the issue. You can use the BWC website (www.bwc.ohio.gov and click on ‘Report & Pay’) to report the actual payroll for the referenced period. Note: you are simply reporting the payroll, and if done by October 30, you will not need to make a premium payment for that payroll period.  Once reported BWC will reverse the estimated premium, post the actual premium and post the transition credit to eligible policies. 

It is imperative that you report this actual payroll by October 30th.  Businesses that do not resolve this reporting issue timely: 

  •         Are subject to certification to the Ohio Attorney General for final collection of the outstanding premium.
  •         May jeopardize their eligibility for Group & Alternative Programs for Policy Year 2016.
  •         May lose the transition credit for the January through June 2015 reporting period and be required to pay the premium in full.

If you have recently supplied the payroll to BWC, and fulfilled your requirement, please disregard this letter. 

Please send any question to BWC directly at BWCProspectiveBilling@bwc.state.oh.us or contact your BWC Business Consultant.

 

 

\,