Our Blog
The Meals and Entertainment Deduction
A while ago the AICPA requested that the IRS clarify the state of some deductions, in particular meals and entertainment, for the coming tax year. Well, we finally have an answer. Businesses can still deduct 50 percent of meals while entertaining clients....
Paying Taxes in China vs. the US
Should You Pay Your Taxes? If you live in China, then you’ve got a reason. A few months ago, one of the top actresses in China vanished from the spotlight and social media after two contracts for the same film surfaced on social media. After a months-long...
The Eureka Room
Guess what we did last week? Some fun team building at the Eureka Room. Are you wondering how many accountants it took to find the treasure? It took four of us...but we made it out with about 5-10 minutes to spare. The Eureka Room has two rooms to choose from....
The Online Sales and Small Business Relief Act
Changes Towards The Collection of Sales Tax Do you remember the Supreme Court’s ruling on South Dakota v. Wayfair, Inc.? The ruling allowed states to collect sales tax from companies with “substantial nexus” within the state (check out our post "The Supreme Court’s...
The House’s Tax Cut Bill
Cutting your Spending photo from Tax Credits Possible Changes From the Tax Cut Bill The House is about to introduce new legislation for the 2017 tax reform which would make the lower tax rates on individuals permanent (before it was set to end in 2025). The tax cut...
Financial Concerns for Small Business Owners
A Recent Survey by Clutch Clutch, a research firm, asked three hundred small business owners about their financial concerns to yield the following results. How could Andrews Tax Accounting assist with these financial concerns? As small business specialists, we can...
QuickBooks Online Wholesale Policy Changes
Are you thinking about starting a new business? Have you considered QuickBooks Online for your company? Well, starting November 1st make sure to get in contact with an accountant before starting your own QuickBooks Online subscription. Users who set-up subscriptions...
Happy Birthday Jeri!
From everyone here at Andrews Tax Accounting, we are proud to celebrate the birthday of our amazing boss, Jeri Andrews. To celebrate, the staff decorated the office and took Jeri out to one of her favorite restaurants, El Gitano. Debra, Taryn, Janna, Les and last but...
Andrews Tax Accounting’s Family has Grown
We are proud to introduce our newest accountant, Debra! "Hello, all! My name is Debra Schindler. After raising and homeschooling my four amazing children I decided to pursue my own dreams of being an accountant. I am a number-lover by nature and have found accounting...
Recording Cryptocurrency
IRS vs. Coinbase Cryptocurrency has been around for a while. A few years ago, the IRS demanded the personal information of users of Coinbase, a digital currency exchange. Eventually, Coinbase had to hand over the information in a court ruling. Do you know why this...
Taxes, Construction, and now Transportation…What Can’t Dogs Do?
You may remember the various dogs around Bellingham that really help out at their owner's small businesses. Well, there is another one. We are proud to introduce Pig. She provides the employees of Terpene Transit with companionship and security. Here Pig is preparing...
Looking Back at a First for Female CPAs
Photo Courtesy of Rawpixel Did you know two of the oldest minority-led accounting firms have joined forces? Mitchell & Titus was founded by Bert N. Mitchell in 1974. The firm Washington, Pittman & McKeever was founded in 1939 by Mary T. Washington, the first...
Even Tony Hawk Needs an Accountant
Photo courtesy of TimothyJ Recently, the professional skater Tony Hawk addressed the AICPA (American Institution of Certified Public Accountants). There Hawk discussed how his risky career coupled with accounting. And the truth is Hawk has had ups and downs. It...
Happy Independence Day!
"Taxation Without Representation is Tyranny" - James Otis Today is Independence Day, but do you remember what started this celebration? Taxes. The thirteen colonies of North America felt overtaxed by Britain, so they revolted. So, we know how the colonists felt about...
The Supreme Court’s Ruling on Sales Tax
Photo courtesy of John Brighenti Last Thursday, the Supreme Court, in a pretty close decision, changed the commercial construct for sales tax. Prior to this ruling, states could not collect sales tax from companies not physically present in the state. Now states can...
Are Dogs Taking Over?
Some Exceptional Dogs You may remember back in tax season when Emy was wiping out tax returns. Well, she is only one of the many extraordinary puppies out there. Take, for example, Maggie from Sound Construction. She can easily operation complex construction...
When is the IRS Really the IRS?
Know the Signs of a Scam Tax season may only consist of a few months but tax scammers work year-round, so it is important to know the tell-tale signs of an IRS scam. Here are a few tips to spot a scam: Caller ID is not fact. People can manipulate caller ID to appear...
Tips for Next Tax Season
Photo courtesy of Rawpixel How Should Business Owners Prepare for Next Tax Season? The average person may not have to think about taxes up until the tax deadline, but that is not true for business owners. Here are some keys to a successful season:...