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Keep up to date with what we’re up to, as well as, industry news, financial tips and more! Come back every Wednesday for new updates!
Solo 401(k), SEP and SIMPLE IRA

Solo 401(k), SEP and SIMPLE IRA

Solo 401(k), SEP and SIMPLE IRA offer great self-employed retirement options Solo 401(k), SEP and SIMPLE IRA are three great options for self-employed business owners and their employees. Even if you’re a sole-proprietor or independent contractor, one of these plans...

Fed Rate Cut Effects

Fed Rate Cut Effects

Fed Rate Cut Effects Include Cheaper Credit, More Spending What are likely Fed rate cut effects? This week the Federal Reserve Board, or Fed, cut its interest rate by .5 percent. That’s a fairly big cut, and it’s the first one in four years. But how does it affect...

Washington Shared Work Program

Washington Shared Work Program

Shared Work Program Can Help Employers, Employees The Washington Shared Work Program can help both employers and their employees when business slows down. A downturn in business can hit small companies especially hard. A tempting way to cut costs can be to cut back on...

Andrews Voted Best Accounting Firm

Andrews Voted Best Accounting Firm

Andrews Tax Accounting Voted Cascade’s Best Results from the 2024 Cascade’s Best vote sponsored by the Bellingham Herald found Andrews Tax Accounting voted best accounting firm in Whatcom, Skagit and San Juan counties. Voting was open to anyone, with gold, silver and...

Stock Market Crash Ahead?

Stock Market Crash Ahead?

If There’s a Stock Market Crash, You’ll Want to Prepare Is a stock market crash on the horizon? Stock prices keep climbing right now, but several experts say the bubble is due to burst soon. But don’t despair – there are steps you can follow to weather the storm. Some...

Business Travel Deductions

Business Travel Deductions

What Expenses Qualify as Business Travel Deductions? Here are some tips to make sure you’re eligible for your maximum business travel deductions when it comes time to hit the road for work. As well, we list some travel expenses that aren’t deductible that you may want...

Who Has to File a Tax Return?

Who Has to File a Tax Return?

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...

Late-Working Accountants and Other News

Late-Working Accountants and Other News

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...

Santa’s Secret Is Out

Santa’s Secret Is Out

Secret Santa's Secret Is Revealed at the Andrews Wing-Ding Santa's secret has been safe since the beginning of November. That's when everyone drew names to become their lucky Andrews office mate's Secret Santa. And Friday, December 22, all was revealed. Kela loved her...

Drivers, start your holidays!

Drivers, start your holidays!

We've Decked the Halls (Even if We Don't Have Actual Halls) The office elves were a little slow to start your holidays, but once they got going, they couldn't be stopped. Leading the way, head elf Emily. Emily hears those jingle bells - and she's got two sets of ears...

Pay Less for Your Clean Vehicle

Pay Less for Your Clean Vehicle

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...

IRS Scams and How to Avoid Them

IRS Scams and How to Avoid Them

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...

Halloween 2023 Tells a Toy Story

Halloween 2023 Tells a Toy Story

The Crew Draws On the Movie Classic for Halloween 2023 Halloween 2023 brought a playful mood as Andrews Accounting used the classic film Toy Story for costume inspiration. As always, the entire office dressed up, then visited our neighboring offices to go "treat or...

ERC Fraud Brings Halt to New Applications

ERC Fraud Brings Halt to New Applications

Pay Attention to Red Flags from Shady Promoters to Avoid ERC Fraud ERC fraud – especially by aggressive operators who promise innocent companies big returns – has hit epidemic proportions. As a result, the IRS announced this week that the agency won’t be processing...

Natural Disaster and Taxes

Natural Disaster and Taxes

Preparing for Natural Disaster Needs to Include Keeping Records Safe for Taxes Natural disaster and taxes. One is definitely worse than the other. But even if your records are destroyed in a calamity, the IRS still wants you to file and pay taxes. Without your...

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