Our Blog
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 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...
Minimum Wage Hike and Other Regulation News
Prepare for a Minimum Wage Hike State-Wide and In Bellingham Minimum Wage Hike A minimum wage hike is set to take effect on January 1, 2024, and workers in Bellingham can expect another minimum wage hike starting May 1, 2024. The minimum wage in Washington is adjusted...
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!
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
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
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...
BOI: Business Owners Will Have to Report Personal Info
BOI Regs Aimed at Cracking Down on Criminal Enterprises BOI – Beneficial Ownership Information – reporting starts at the beginning of next year. You may not have heard of it, but this new requirement is going to affect many, if not most, small business owners who...
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
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
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...
Occasions for Celebration!
Celebrating Jeri's Birthday, and Our First Office Baby! Occasions for celebration - cue "The Circle of Life" music! It was all dancing and carrying on last week, as we beat the drum for Jeri's birthday! Plus a visit from our first office baby and his mom Julia. We put...
S Corp Reasonable Compensation Is Required
Pay Yourself! Ignoring S Corp Reasonable Compensation Has Big Consequences S Corp reasonable compensation. Just reading those words, you’re nodding off already, right? If you ignore reasonable compensation, though, it’s a red flag to the IRS. When you catch their...
How to Make Your Small Business Elevator Pitch
Creating a Small Business Elevator Pitch is a Networking Must Do you need an elevator pitch? Not only yes, but heck yes. A small business elevator pitch is key to making business-to-business connections. Not to mention get information about your company to family,...
Filling Out a W-4 Form
Get Help Filling Out a W-4 Form and Get the Refund You Want Filling out a W-4 form? If you’ve had to fill out a new one anytime since 2020, you’ve seen how confusing and complicated it’s become. And filling it out a W-4 correctly is crucial to whether you get a big...
Tax Tips for Selling Your Home
These Tax Tips for Selling Your Home Could Save You Thousands Uprooting yourself and moving somewhere new can be tough. But facing a big tax bill because of it can be even more, well, taxing. That’s why we’re offering these tax tips for selling your home. Excluding...
Working Families Tax Credit
New Working Families Tax Credit May Give Washington Families Up to $1,200 The Working Families Tax Credit is a new program designed to help low-income individuals and families. Washington has no state income tax, so how does the credit work? The Working Families Tax...
Where in the World is Les?
Les Snuck Out of the Office as Tax Season Started Co-workers Quiety Hate Him Where in the world is accountant Les? Well, now he's back in the office. But last week he snuck off to Mexico, traveling all around southern Baja. Why did everyone let him do it? Well, he...