On September 23rd, 2025, the IRS announced that starting September 30th, 2025, they will begin phasing out paper checks for tax refunds to individual taxpayers. This is part of a broader federal push under Executive Order 14247, which mandates that federal disbursements and receipts move toward electronic payments wherever legally possible. What’s Changing and Why: […]
Refunds Go Digital: IRS Phases Out Paper Checks Read More »
A government shutdown (or partial shutdown) does not mean everything stops. It depends on whether a given function is “essential” or not, and whether it’s mandatory vs discretionary spending. The current funding for many federal agencies is set to expire at 12:01 a.m. (ET) on October 1st, 2025, unless Congress passes a continuing resolution (CR) or
Upcoming Potential Government Shutdown: What to Expect Read More »
In today’s digital world, personal data is currency—and many businesses collect far more than they need. From tracking your location to monitoring your online habits, companies often gather, store, and even sell your information without you fully realizing it. But you don’t have to accept this as the norm. Here’s some proactive steps to stop
How to Protect Your Personal Data from Companies Read More »
As a business owner, you’re always looking for ways to optimize your tax situation. But have you considered hiring your children? Hiring your kids can not only help them learn valuable work skills but can also provide several potential tax benefits. Here’s how: Important Considerations: If you would like to learn more about hiring children
Family Business: How Hiring Your Children Can Boost Your Tax Savings Read More »
The One Big Beautiful Bill Act (OBBBA), which became public law on July 4th, 2025, will bring a lot of changes and/or updates to federal tax law for individuals and businesses. It is important to stay up-to-date with the latest provisions in order to better prepare yourself for the upcoming 2026 tax season. Some updates and
Starting October 1st, 2025, the Washington Department of Revenue (DOR) will begin requiring sales tax to be collected on the services mentioned below. It is important that if you offer any of these services, you must collect sales tax on your customers’ receipts or invoices, depending on the services covered by this new regulation. This
Reminder: Starting October 1st, Some Business Activities Must Begin to Collect Sales Tax Read More »
As a small business owner, maintaining meticulous records is essential to ensuring the financial health of your business, and one of the most critical elements of this practice is keeping your receipts. Why is it important to keep receipts? Best Practices for Managing Receipts: By implementing these simple yet effective habits, you can keep your
The Power of Receipts: Why Keeping Track of Every Expense Matters for Your Business Read More »
Join us for this comprehensive workshop designed to equip entrepreneurs and early-stage business owners with the tools they need to grow strategically—and stay tax-ready every step of the way. The workshop will be hosted in Spanish at the Beacon Hill Branch of the Seattle Public Library on Wednesday, September 10th from 5:30pm to 7:30pm. This
As an employer, offering educational assistance to your employees is not only a great way to support their professional development but also an opportunity to provide tax-advantaged benefits that benefit both your employees and your business. Under IRS guidelines, employers can offer an Educational Assistance Program (EAP), which allows employees to receive up to $5,250
Understanding the IRS Educational Assistance Program for Employees Read More »
On July 1st, 2025, Washington’s Department of Labor & Industries issued Notice #25‑19, which announces expanded protections under the state’s Equal Pay and Opportunities Act. The key changes include: These changes significantly widen coverage, applying “equal pay” standards to hundreds of thousands more workers in Washington, according to L&I director Joel Sacks. Why This Matters
Updates to Equal Pay for Washington State Workers Read More »
