New IRS Crypto Tax Reporting Rules: What You Need to Know
New IRS Crypto Tax Reporting Rules: What You Need to Know Starting in 2025, the IRS is rolling out new federal reporting requirements for digital asset transactions, including cryptocurrencies such as Bitcoin, Ethereum, and stablecoins. [...]
Seattle Sales Tax to Rise Again in 2026 for Public Safety Initiatives
Seattle Sales Tax to Rise Again in 2026 for Public Safety Initiatives Seattle residents and businesses will see another increase in local sales tax starting in 2026, following a 0.1% rate hike approved by the [...]
Why Consider an S Corporation for Your Business
Why Consider an S Corporation for Your Business When launching or growing a business, choosing the right legal structure can dramatically impact your taxes, liability, and long-term financial flexibility. One option that often stands out [...]
Holiday Season Scams on the Rise: How to Protect Yourself and Your Business
As the holidays approach, so does another less festive season — scam season. Every year, accountants, business owners, and individuals alike see a sharp rise in fraudulent attempts to steal personal and financial information. These [...]
IRS Operations Suspended During Federal Funding Lapse
IRS Operations Suspended During Federal Funding Lapse Notice to Clients — October 2025 As of October 8, 2025, the IRS has suspended most operations due to a lapse in federal appropriations. The majority of IRS [...]
Existing Contracts and Washington’s New Sales Tax Rules (ESSB 5814): What Your Business Needs to Do Now
Updated: August 29, 2025 • Effective date to watch: October 1, 2025 SOURCE: https://dor.wa.gov/laws-rules/interim-guidance-statement-regarding-contracts-existing-prior-october-1-2025-and-changes-made-essb Washington’s Department of Revenue (DOR) issued interim guidance explaining how to handle contracts signed before October 1, 2025 that continue past [...]
