Bookkeeping
Do you need a bookkeeper?
A bookkeeper is your backroom assistant. Your part-time controller. The jack of all trades that every business needs. Let’s jump in and answer what this all means. What do bookkeepers do? Bookkeepers handle a wide range of financial tasks. The responsibilities include, but are not limited to: Why hire a bookkeeper? Hiring a bookkeeper is the first step in making a great investment in your business. The work they perform provides business owners and managers…
Read MoreWashington State Sales Tax Expands
The most recent Washington State legislation included a few updates to how the Department of Revenue handles sales tax. Whether you run a business or are looking to start one, read on and stay up to date with upcoming changes. Senate Bill 5814 Effective October 1, 2025 Under Senate Bill 5814 signed into law on May 20, 2025, Washington State will tax a broader range of services previously exempt from sales tax. Notable additions include: These…
Read MoreHousekeeping Tips for Washington State Employers in the New Year
Let’s kick off 2025 and take care of some housekeeping! Starting with reviewing your payroll settings and updating employer wage and tax rates. First Check that your minimum wage rates are set to the new 2025 amounts if you have hourly workers. The WA 2025 minimum hourly wage rate is now $16.66 for employees aged 16 or older. (up from $16.28 in 2024) Employees aged 14 and 15 may be paid 85% of this. Tips,…
Read More1099 Forms Discussion!
It’s 1099 Time! Let’s talk about 1099 forms and how to prepare for this annual filing. Here is a brief overview of the requirements to help this process go more smoothly. What are 1099 forms? 1099 forms are information returns. The IRS has filing requirements for just about every kind of financial transaction you can imagine. Two of the most common 1099 forms for business owners are: Who files 1099 Forms? The forms report amounts…
Read MoreHandling an Uncashed Payroll Check
Have you ever had an employee not cash a paycheck? What do you do with the uncashed payroll check? Whose responsibility is it to follow up? It can be a confusing situation, but it is important to handle it correctly to ensure compliance with state regulations. Here is a quick overview of what to do when a Washington State employee doesn’t cash their paycheck: Contact the employee: Start by reaching out to the employee to…
Read MoreAre you hiring an employee or a contractor?
It’s no secret that every growing business needs help. When you hire a worker, you may not know if they are a contractor or an employee. You might think that it’s easier and more affordable to hire workers as contractors. This is one of the most common misconceptions out there. You’ll save a lot of money by knowing the difference and what to do in both cases. Let’s start with a few questions about the…
Read More