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 [...]
QUICKBOOKS: Client action required– Bank of America accounts require an update
Bank of America is updating bank account connections in QuickBooks Online. All current clients with an active Bank of America connection must update their connection in QuickBooks to stay connected. Otherwise, their Bank of America [...]
TIGTA Reports on Deferred Social Security Taxes and Finds Some Incorrect Penalties
During the height of the COVID-19 pandemic, many employers took advantage of relief measures that allowed them to defer the deposit and payment of the employer’s share of Social Security taxes. This provision was designed [...]
