by Andrews Tax Accounting & Bookkeeping | Oct 28, 2020 | Educational
New regs require a minimum salary for workers to be exempt from overtime The State of Washington 2021 minimum wage and salary rates have been announced. The minimum wage is going up in line with a voter-approved initiative that became law in 2017. New regulations set...
by Andrews Tax Accounting & Bookkeeping | Oct 21, 2020 | Educational
Two types of state 529 college savings plans let you invest tax-free With all the uncertainty the pandemic has meant for the college-bound, one thing is certain: College costs are going to increase. But there’s an easy way to protect against big bills down the road....
by Andrews Tax Accounting & Bookkeeping | Oct 14, 2020 | Educational
New PPP Forgiveness Application for Loans Under $50K The Small Business Administration has released a new simplified PPP forgiveness form this week. Companies that borrowed $50,000 or less can now complete a one-page form that skips some calculations that made earlier...
by Andrews Tax Accounting & Bookkeeping | Oct 7, 2020 | Educational
Tax-Free Medical Savings Accounts Supplement Insurance to Cover Gaps You have health insurance, thank goodness. But what about all those out-of-pocket costs that can add up to thousands before you meet your deductible? That’s where medical savings accounts like an...
by Andrews Tax Accounting & Bookkeeping | Sep 30, 2020 | Educational
Short Deadline for Working Washington Small Business Emergency Grant 2.0 Program Bellingham small businesses hurt by the pandemic have a tiny window to apply for another type of emergency COVID grant. The Port of Bellingham is administering the Working Washington...
by Andrews Tax Accounting & Bookkeeping | Sep 24, 2020 | Educational
PPP Forgiveness News: Some Bankers Say Wait, Lenders Getting Ready, IRS Announcement The latest PPP forgiveness news reports some bankers advising borrowers to wait on applying for PPP loan forgiveness. Also, many banks are still readying their digital PPP forgiveness...
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