MEDZAM CONSULTING

Featured Business Opportunity: Get Your Products into Sea-Tac Airport

Featured Business Opportunity: Get Your Products into Sea-Tac Airport 

If your business produces packaged food or beverages, here’s an exciting opportunity to showcase your products at one of the nation’s busiest airports. The Port of Seattle’s SEA Sparks program is a business incubator opportunity designed for small businesses that offer pre-packaged foods and beverages not intended for immediate consumption. Selected businesses will have the opportunity […]

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WA DOR Penalty Relief Program for Service-Based Businesses

WA DOR Penalty Relief Program for Service-Based Businesses

The Washington State Department of Revenue (DOR) recently announced a temporary penalty relief program for businesses affected by the expansion of retail sales tax to certain services under ESSB 5814. The sales tax changes, which became effective October 1, 2025, introduced new tax obligations for many service providers. Recognizing that these changes have created confusion for some

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Have You Received a U.S. Census Bureau Annual Survey Notice?

Have You Received a U.S. Census Bureau Annual Survey Notice?

Many business owners are surprised to receive letters or emails from the U.S. Census Bureau requesting participation in the Annual Business Survey (ABS) or other economic surveys. Because these notices often arrive unexpectedly, they are sometimes mistaken for marketing solicitations or scams. In many cases, however, the request is legitimate and participation may be required. What

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Beware of "Official-Looking" Business Compliance Solicitations

Beware of “Official-Looking” Business Compliance Solicitations

As business owners, many of you receive emails, postcards, and letters regarding annual filings, corporate compliance, labor law posters, beneficial ownership reporting, business licenses, and other filing requirements. While some of these notices may advertise legitimate services, many are sent by private companies—not government agencies—and can easily be mistaken for official notices. Common Examples Business

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Reminder: Q2 2026 Estimated Tax Payments Due June 15

Reminder: Q2 2026 Estimated Tax Payments Due June 15

The second quarter estimated tax payment for tax year 2026 is due on June 15, 2026. Estimated tax payments are generally required for individuals who expect to owe at least $1,000 in federal income tax after withholding and credits. This commonly includes: – Self-employed individuals– Independent contractors– Gig workers– Rental property owners– Investors with significant income not subject to

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New for 2026: The Trumps Account App is Now Available

New for 2026: The Trumps Account App is Now Available

The U.S. Department of the Treasury recently launched the new Trump Accounts mobile app, giving families a centralized way to enroll in, activate, and manage Trump Accounts for eligible children. The app became available nationwide in late May 2026 and serves as the primary interface for the program ahead of its full rollout on July

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What Business Owners Should Know About Owner Compensation

What Business Owners Should Know About Owner Compensation

One of the most common questions business owners ask is: “What’s the best way to pay myself?”. The answer depends largely on your business structure, profitability, tax situation, and long-term financial goals. Paying yourself incorrectly can lead to tax problems, cash flow issues, or compliance concerns — especially as your business grows. Different Business Structures Handle

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Understanding Why Cash Flow Problems Happen Even When You're Making Money

Understanding Why Cash Flow Problems Happen Even When You’re Making Money

One of the most common financial frustrations for both business owners and individuals is feeling like there should be enough money available — yet the bank account says otherwise. A business may be profitable but still struggle to pay bills on time. Similarly, an individual may earn a good income but still feel constantly short

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IRS Notices & Letters: What to Do When You Receive One 

Receiving a letter from the IRS can feel stressful for both individuals and business owners. Fortunately, most IRS notices are routine and can often be resolved quickly when handled promptly and correctly. The most important thing to remember: don’t ignore IRS correspondence. Why the IRS Sends Notices The IRS sends letters and notices for many reasons, including,

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