Peter MOct 13, 20211 minHow to Apply for the WA State Long Term Care ExemptionBEFORE 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...
Peter MSep 22, 20212 minWhat employers need to know when classifying workers as employees or independent contractorsIt is critical for business owners to correctly determine whether the individuals providing services are employees or independent...
Peter MFeb 13, 20211 minSeattle Sales Tax Rate ChangesEffective April 1, 2021, the City of Seattle will establish a Transportation Benefit District (TBD). Sales and use tax within the City of...
Peter MJan 7, 20212 minEconomic Impact PaymentsStarting this week, the Treasury Department and the Internal Revenue Service are sending approximately 8 million second Economic Impact...
Peter MNov 28, 20202 minExempt or Not ExemptWhat to know about the tax-exempt application process for charities This blog is in response to questions from some or our clients...
Peter MJul 21, 20201 minNew 1099 NECWhich 1099 form will you need for 2020? The new 1099-NEC forms for reporting payments of $600 or more to: Non-employees (contractors)...
Peter MJun 18, 20201 minEZ PPP Loan ForgivenessThe Paycheck Protection Program (PPP) loan forgiveness application is constantly evolving. This week, the Treasury Department and SBA...
Peter MJun 8, 20201 minPPP FlexibilityThe PPP Flexibility Act includes the following provisions as compiled by the AICPA: Allows forgiveness for expenses beyond the 8-week...
Peter MMay 11, 20202 minPPP Loan ForgivenessWhile there remain some outstanding questions when it comes to the process of loan forgiveness, this blog will assist you in preparing...
Peter MMay 6, 20202 minAdvance Payment of Employer CreditsWhat is Form 7200? This form allows employers to request an advance payment on their tax credits for the following: Qualified sick leave...
Peter MApr 15, 20202 minCity of Seattle - Service Income ApportionmentService Income Apportionment The apportionment of service income allows businesses to divide their taxable revenue and their taxes...
Peter MApr 1, 20201 minPaycheck Protection Program - SBA LoanThe program provides federally guaranteed loans to small businesses who maintain their payroll during the crisis. These loans might be...
Peter MApr 1, 20202 minEmployee Retention CreditEmployee Retention Credit available for many businesses financially impacted by COVID-19 The Treasury Department and the Internal Revenue...
Peter MMar 30, 20203 minCARES Act SimplifiedThere is a lot of information out there related to the CARES Act also known as the COVID -19 stimulus package. We boiled down the act to...
Peter MMar 16, 20201 minSharedWork ProgramA shared win: Businesses win. Employees win. Communities win. SharedWork is a voluntary business sustainability program that provides...
Peter MDec 24, 20192 minThere's still time to make a quarterly estimated tax payment for 2019The deadline for making a payment for the fourth quarter of 2019 is Wednesday, January 15, 2020. Taxpayers who paid too little in 2019...
Peter MDec 16, 20194 minNew Overtime Rules2020's New Overtime Rules The Washington State Department of Labor & Industries announced new rules Wednesday, December 11th2019...
Peter MNov 27, 20192 minIndependent Contract Workers VS Employees- What you need to knowWhat do YOU need to know about hiring an independent contractor? Many companies rely on “gig workers” — a.k.a. independent contractors —...
Peter MNov 13, 20193 minCommuter Benefits OrdinanceCommuter benefits – The City of Seattle has passed a Commuter Benefits Ordinance, which becomes effective on January 1, 2020. Businesses...
Peter MSep 24, 20192 minSoftware Capitalization RulesA few of our tech client companies expressed interest in learning more about software capitalization rules. This is a hot topic in the...