Business

Minimum Wage Increase for City of Seattle in 2026

Minimum Wage Increase for City of Seattle in 2026

As of January 1st, 2026, Seattle’s minimum wage will increase from $20.76 to $21.30 per hour for all employers — large or small. This raise reflects the annual inflation adjustment, based on the Seattle–Tacoma–Bellevue area consumer price index.  For workers in minimum-wage roles — such as retail staff, service employees, hospitality workers, and other entry-level positions — this represents […]

Minimum Wage Increase for City of Seattle in 2026 Read More »

The U.S. Government Shutdown: Where Things Stand & What It Means

The U.S. Government Shutdown: Where Things Stand & What It Means

Since midnight on October 1st, 2025, the U.S. federal government has been operating under a shutdown. This was due to Congress not passing the full set of appropiation bills (or a continuing resolution) to fund federal agencies for Fiscal Year 2026 by the deadline of September 30th.  What’s being affected: Economic & Broader Impacts: We understand that the cancellation,

The U.S. Government Shutdown: Where Things Stand & What It Means Read More »

Minimum Wage Increase for Washington State in 2026

Minimum Wage Increase for Washington State in 2026

The Washington State Department of Labor & Industries (WA L&I) announced on September 30th, 2025 that Washington State’s minimum wage will be increased from the current $16.66 to $17.13 (per hour) starting on January 1st, 2026. Under state law, the WA L&I is required to adjust the minimum wage each year based on the federal Consumer Price Index

Minimum Wage Increase for Washington State in 2026 Read More »

Family Business: How Hiring Your Children Can Boost Your Tax Savings

Family Business: How Hiring Your Children Can Boost Your Tax Savings

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 »

One, Big, Beautiful Bill Act (OBBBA) of 2025: Effect on Federal Taxes, Credits, and Deductions 

One, Big, Beautiful Bill Act (OBBBA) of 2025: Effect on Federal Taxes, Credits, and Deductions 

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

One, Big, Beautiful Bill Act (OBBBA) of 2025: Effect on Federal Taxes, Credits, and Deductions  Read More »

Reminder: Starting October 1st, Some Business Activities Must Collect Sales Tax

Reminder: Starting October 1st, Some Business Activities Must Begin to Collect Sales Tax

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 »

The Power of Receipts: Why Keeping Track of Every Expense Matters for Your Business

The Power of Receipts: Why Keeping Track of Every Expense Matters for Your Business

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 Our Upcoming Workshop: "Iniciando con Éxito: Una Guía Sobre Como Estra Preparado Para Los Impuestos Como Propietario de Negocio"

Join Our Upcoming Workshop: “Iniciando con Éxito: Una Guía Sobre Como Estar Preparado Para Los Impuestos Como Propietario de Negocio”

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

Join Our Upcoming Workshop: “Iniciando con Éxito: Una Guía Sobre Como Estar Preparado Para Los Impuestos Como Propietario de Negocio” Read More »

Understanding the IRS Educational Assistance Program for Employees

Understanding the IRS Educational Assistance Program for Employees

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 »

Updates to Equal Pay for Washington State Workers

Updates to Equal Pay for Washington State Workers

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 »