by Andrews Tax Accounting & Bookkeeping | May 15, 2019 | Educational
Photo courtesy of Medium. The Act Last Monday, Governor Jay Inslee signed the long-term care trust act into law. The law aims to help future taxpayers afford the cost of long-term care. How Will it be Funded? The law will be funded through a payroll tax of 58 cents on... 
by Andrews Tax Accounting & Bookkeeping | May 1, 2019 | Amusement, Educational
What Do You Think About Soda Taxes? Our neighboring city, Seattle, has a soda tax that took effect at the beginning of 2018. Later that year, Seattleites voted to ban any future local taxes on food and drinks. It doesn’t stop with just Seattle, all over the country,... 
by Andrews Tax Accounting & Bookkeeping | Apr 17, 2019 | Amusement, Educational
Maurice Dreicer Want to deduct your personal meals? Well, that’s what Maurice Dreicer did. Business-related meals and entertainment (included in compensation) are one hundred percent deductible. Additionally, the expenses are not supposed to be extravagant. Now back... 
by Andrews Tax Accounting & Bookkeeping | Apr 10, 2019 | Educational
Reflection Time Tax season is almost over and many accounting firms are ready to close their doors until next year, but not us! That’s right, we are a year-round firm, providing more than just your typical tax preparation services. With the season coming to a close,... 
by Andrews Tax Accounting & Bookkeeping | Apr 3, 2019 | Educational
The New Bill Remember last April, when Congress brought forth a bill to redesign the IRS? Well, that bill was shot down, but it’s back for round two. The Tax Payer First Act has 45 provisions to improve the IRS. Some of these provisions include improving... 
by Andrews Tax Accounting & Bookkeeping | Mar 27, 2019 | Educational, Tips
What is the Difference Between an Accountant and a CPA? The short answer, not much. The big difference is CPA’s can prepare financial statements for audits. CPA certifications vary from state to state, the usual requirement is a bachelor’s degree in accounting,... 
Recent Comments