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Business Planning Article Archives

BWC payroll true-up reports are due by August 15

Published on August 03, 2018 by Ohio Bureau of Worker's Comp

Prior to each policy year the Ohio Bureau of Workers’ Compensation (BWC) establishes your estimated premium based on the most recent payroll that was reported to BWC. Once the policy year is completed you must complete the true-up report. The true-up is a reconciliation of your BWC estimated payroll versus your actual policy year payroll used to determine the correct amount of chargeable premium. If your actual payroll exceeds BWC estimates you will owe BWC additional premium based on your higher payroll and if your actual payroll is lower than BWC estimates you will receive a premium credit.

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