Cascade’s Best Voting Has Begun, and Changes to BOI, Minimum Wage
Cascade’s Best Voting – Andrews Accounting Up for Honor
After winning in 2024, Andrews Accounting has been nominated again for Best Accounting Firm in the Cascades Best survey. Thank you for nominating us, anonymous person! We hope you agree with the sentiment, and ask that you vote for us on the website. Once you reach the website, click on the SERVICES category, and then the ACCOUNTING FIRM subcategory. You can vote once a day, and vote for other local businesses you support, too! Cascade’s Best Voting ends April 4, 2025.
US-Created Companies Now Exempt from BOI Reporting
In a major reversal, the Financial Crimes Enforcement Network, or FinCEN, is no longer requiring owners of domestic companies to report information about their companies and themselves to the agency. FinCEN originally required existing S corporations, C corporations or LLCs to file their beneficial ownership information, or BOI, by the end of 2024. The deadline was then extended, but now the agency says all entities created in the United States are exempt from the requirement. Existing foreign companies that must still report their beneficial ownership information. The deadline for them is now April 25, 2025.
Bellingham Minimum Wage to Increase May 1
The minimum wage inside the Bellingham city limits climbs to $18.66 per hour starting May 1, 2025. A voter initiative passed in 2023 requires all Bellingham businesses to pay an additional $2 per hour over the state’s current minimum wage rate.
Kela’s Birthday
After delicious tacos and a round of Shirley Temples, Kela blows out the candle on her birthday ice cream last week. Thanks to Jalapeños for a wonderful lunch!
Links
If you do need to file your beneficial ownership information, you can do so here.
Lastly, you can learn more about our services here!
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