by Andrews Tax Accounting & Bookkeeping | May 15, 2019 | Educational
The Act Last Monday, Governor Jay Inslee signed the long-term care trust act into law. The law aims to help future taxpayers afford the cost of long-term care. How Will it be Funded? The law will be funded through a payroll tax of 58 cents on every $100 of income. How...
by Andrews Tax Accounting & Bookkeeping | Apr 3, 2019 | Educational
The New Bill Remember last April, when Congress brought forth a bill to redesign the IRS? Well, that bill was shot down, but it’s back for round two. The Taxpayer First Act has 45 provisions to improve the IRS. Some of these provisions include improving taxpayer...
by Andrews Tax Accounting & Bookkeeping | Mar 27, 2019 | Educational, Tips
Photo courtesy of 401kcalculator.org What is the Difference Between an Accountant and a CPA? The short answer, not much. The big difference is CPA’s can prepare financial statements for audits. CPA certifications vary from state to state, the usual requirement is a...
by Andrews Tax Accounting & Bookkeeping | Jan 4, 2019 | Educational, Tips
Photo courtesy of TaxRebate.org.uk What changes should you lookout for this tax season? I’m glad you asked. The standard deduction has increased. The SALT deduction only goes up to $10,000. The child tax credit increased. Active members of the military are the only...
by Andrews Tax Accounting & Bookkeeping | Dec 27, 2018 | Holidays
We hope everyone had a happy holiday! To celebrate this year, we had secret Santa at the office. Jeri got a new scarf and wine.Les received an art kit.Debra got a new travel mug and hot chocolate. Taryn gets to try out a board game called Redneck Life.Janna got a new...
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