January 1 Checklist: Payroll Compliance

Friday, January 2, 2026|Categories: Accounting, Bookkeeping, Business, Business Consultant, Payroll Accounting, Payroll Tax, Small Business, Tax Accounting, Tax Consultancy|Tags: , , , , , , |

January Payroll Compliance Checklist Washington Employers January 1 changes take effect immediately. Employers should complete the following before or during their first payroll run of the year. Payroll System & Rate Verification Confirm all payroll [...]

It’s the start of a new year: Why you should consider a Payroll Compliance Review!

Friday, January 2, 2026|Categories: Accounting, Business, Business Consultant, Payroll Accounting, Payroll Tax|Tags: , , , , |

Each January 1 brings a new set of payroll tax changes, contribution rate updates, reporting requirements, and compliance obligations that take effect immediately, often before employers realize adjustments are required. In Washington, these changes frequently [...]

One Big Beautiful Bill (OBBBA): The Tax Write-Off Opportunity Most Americans Don’t Know Exists

Monday, December 29, 2025|Categories: Accounting, Business, Business Consultant, Corporations, Editorial, Government, In the news, Management Accounting, Public & Personal Accounting, Rulings, Small Business, Tax Accounting, Tax Consultancy, Tax Preparation|Tags: , , , , , , , , , , , |

The One Big Beautiful Bill (often referred to as OBBBA or the “Big Beautiful Deal”) represents one of the most aggressive expansions of business tax incentives in modern history. While headlines tend to focus on [...]

Gov. Ferguson says he would support a ‘millionaires tax’ in Washington state

Wednesday, December 24, 2025|Categories: Business|Tags: , , , , |

OLYMPIA, Wash. — Washington Gov. Bob Ferguson said Tuesday that he would support a proposed “Millionaires’ Tax” on high-income earners, signaling a significant shift in the state’s tax debate while acknowledging the proposal would almost [...]

Options for Claiming the 2025 Deductions for Tips and Overtime

Wednesday, December 24, 2025|Categories: Accounting, Business, Government, Internal Revenue Service, Retirement|Tags: , , , |

Under Notice 2025-62, the Internal Revenue Service has issued guidance clarifying how employers and employees should document and report qualified tips and qualified overtime compensation for the 2025 tax year. This notice is especially important [...]

House Passes Bills Strengthening Taxpayer Protections on IRS Penalties and Tax Court Proceedings

Wednesday, December 24, 2025|Categories: Government, In the news, Tax Accounting, Tax Consultancy, Tax Preparation|Tags: , , , |

The U.S. House of Representatives approved two bipartisan measures this week aimed at reinforcing taxpayer protections and increasing accountability within the federal tax system. Together, the bills focus on limiting improper penalties imposed by the [...]