by Andrews Tax Accounting & Bookkeeping | Jul 7, 2021 | Educational
Washington Small Business Flex Fund Offers Loans Up to $150K Washington state has a new Small Business Flex Fund loans to help small businesses recover and flourish as we emerge from the pandemic. The public/private partnership is making low-interest loans up to...
by Andrews Tax Accounting & Bookkeeping | Jun 16, 2021 | Educational
You Can Opt Out of the New Long-Term Care Tax, But Hurry Washington is about to impose a new long-term care tax on every employee in the state. Employers will start collecting the .58-percent payroll tax on January 1 from anyone in Washington who receives a W-2 form....
by Andrews Tax Accounting & Bookkeeping | Jun 9, 2021 | Educational
IRS Starting Monthly Child Tax Credit Payments July 15 The IRS is sending out letters advising families of payments for the new monthly child tax credit. The payments could mean up to $3,600 a year per child for some 36 million families. The first allotments are set...
by Andrews Tax Accounting & Bookkeeping | May 26, 2021 | Educational
Washington State to Start New Tax January 1 Washington state recently enacted a new capital gains tax, set to begin January 1, 2022. The sale of stocks, bonds and other high-value assets that earns more than $250,000 will be hit with a 7 percent tax. The tax is levied...
by Andrews Tax Accounting & Bookkeeping | May 19, 2021 | Educational
Whatcom County Residents Will See an Increase Starting July 1 A Whatcom County sales tax increase means consumers will pay an additional 1 cent per $10.00 purchase starting July 1. Sales Tax Increase Affects All Whatcom County The .1 percent increase affects all of...
by Andrews Tax Accounting & Bookkeeping | Apr 28, 2021 | Educational
Tax Identity Theft Victims Can Still Find a Happy Ending Tax identity theft – someone filing a tax return using your Social Security number – is a real problem. In just one tax year – 2016 – fraudsters filed some 1.5 million false tax returns. That added up to a $1.7-...
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