by Andrews Tax Accounting & Bookkeeping | Feb 7, 2024 | Educational
Different Requirements Determine Who Has to File a Tax Return You might think everyone living in the US has to file a tax return. But there are some folks who don’t. Here’s how to figure out if you’re one of the lucky few. Gross Income The most obvious determining...
by Andrews Tax Accounting & Bookkeeping | Jan 10, 2024 | Educational
Late-Working Accountants Finish One-Third of Tasks at Night Late-Working Accountants When it comes to finishing tasks, late-working accountants are burning the candle at both ends. Software maker Numeric reported recently that among bean counters, 34 percent finish...
by Andrews Tax Accounting & Bookkeeping | Dec 27, 2023 | Educational
Prepare for a Minimum Wage Hike State-Wide and In Bellingham Minimum Wage Hike A minimum wage hike is set to take effect on January 1, 2024, and workers in Bellingham can expect another minimum wage hike starting May 1, 2024. The minimum wage in Washington is adjusted...
by Andrews Tax Accounting & Bookkeeping | Nov 30, 2023 | Educational
Energy Credits Mean You Can Pay Less for Your Clean Vehicle Save the Earth and save money? Thanks to federal tax credits, you can pay less for your clean vehicle. When you buy a qualifying vehicle (more on that in a bit), you can transfer those credits to a dealership...
by Andrews Tax Accounting & Bookkeeping | Nov 16, 2023 | Educational
Tips on How to Identify and Avoid IRS Scams Avoid IRS scams? I’d never fall for any tax scam, you might think. But these attacks are everywhere, and they can sometimes be hard to spot. In the last few years, scammers have targeted more than 2.4 million people in the...
by Andrews Tax Accounting & Bookkeeping | Nov 8, 2023 | Educational
BOI Regs Aimed at Cracking Down on Criminal Enterprises BOI – Beneficial Ownership Information – reporting starts at the beginning of next year. You may not have heard of it, but this new requirement is going to affect many, if not most, small business owners who...
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