The Corporate Transparency Act (CTA) represents a landmark effort by the United States government to enhance financial transparency and...

Businesses across the U.S. face a new requirement for reporting Beneficial Ownership Information (BOI) to the Financial Crimes...

In an effort to bolster retirement security for workers, Washington State has introduced the Washington Saves Act, a groundbreaking...

Employers that offer educational assistance programs can also use those programs to help pay their employees’ student loans. Though...

Artificial Intelligence (AI) is transforming the accounting industry, but despite all the negative media this is not a new trend. There...

ERC = Employee Retention Credit While many eligible employers claimed and have already received the ERC, some third parties continue to...

Hiring an outsourced controller can be a smart move for a small business that needs the expertise of a senior-level financial...

More and more Washingtonians are using the Paid Family & Medical Leave benefits. To keep pace with more people using the program, the...

Small business employers have a hard time finding and retaining good talent. One benefit that is sometimes overlooked is the education...

The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers who hire people in certain target demographics who...

BEFORE YOU PROCEED PLEASE MAKE SURE YOU HAVE A PICTURE OF YOUR DRIVER LICENSE SAVED O YOUR COMPUTER SO YOU CAN UPLOAD 1. Create a SAW...

It is critical for business owners to correctly determine whether the individuals providing services are employees or independent...

Effective April 1, 2021, the City of Seattle will establish a Transportation Benefit District (TBD). Sales and use tax within the City of...

Starting this week, the Treasury Department and the Internal Revenue Service are sending approximately 8 million second Economic Impact...

What to know about the tax-exempt application process for charities This blog is in response to questions from some or our clients...

Which 1099 form will you need for 2020? The new 1099-NEC forms for reporting payments of $600 or more to: Non-employees (contractors)...

The Paycheck Protection Program (PPP) loan forgiveness application is constantly evolving. This week, the Treasury Department and SBA...

The PPP Flexibility Act includes the following provisions as compiled by the AICPA: Allows forgiveness for expenses beyond the 8-week...

While there remain some outstanding questions when it comes to the process of loan forgiveness, this blog will assist you in preparing...

What is Form 7200? This form allows employers to request an advance payment on their tax credits for the following: Qualified sick leave...