by Andrews Tax Accounting & Bookkeeping | Jul 3, 2019 | Educational
An Appropriations Bill The House recently approved an appropriations bill for a 3.1 percent pay increase for federal workers which includes IRS employees. Additionally, the bill increases funding to taxpayer services by $67 million and aims to modernize business...
by Andrews Tax Accounting & Bookkeeping | Jun 26, 2019 | Educational
A New Cryptocurrency Facebook recently announced its new cryptocurrency, Libra. What is the Aim of Libra? The currency aims to help those who do not have access to banks, as well as to be a payment option that can be used worldwide. What’s the Catch? To use Libra, you...
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 17, 2019 | Amusement, Educational
Maurice Dreicer Want to deduct your personal meals? Well, that’s what Maurice Dreicer did. Business-related meals and entertainment (included in compensation) are one hundred percent deductible. Additionally, the expenses are not supposed to be extravagant. Now back...
by Andrews Tax Accounting & Bookkeeping | Apr 10, 2019 | Educational
Reflection Time Tax season is almost over and many accounting firms are ready to close their doors until next year, but not us! That’s right, we are a year-round firm, providing more than just your typical tax preparation services. With the season coming to a close,...
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