Getting your documentation ready for your PPP forgiveness application
Yes, you can still apply for PPP forgiveness! But before you do, you need to make sure you’ve got all your records and required documents in place. Below is a list of all required documents you will need to gather to accompany your PPP loan forgiveness application. Note that your lender may have additions to…
Read MoreMinimum wage increases on Jan 1st – What you need to know from Seattle accounting firm Halsey Resources
An increase to $13.69 per hour for the Washington State minimum wage was recently announced. The change is based on inflation versus the voter-approved ballot initiative that set increases over the next four years. This change will be enacted on January 1, 2021. Please note that within the city of Seattle, the amount varies from…
Read MoreHow to spot a client that might refuse to pay you later
West Seattle bookkeeping company, Halsey Resources, wants to give you good advice on managing your money. That not only involves the money you have but also the money you expect to have. As a business owner, we all take on new clients in hopes of a long term business relationship. That doesn’t always happen. Some…
Read MoreShould you outsource your accounting department?
Many businesses are considering outsourcing their accounting departments due to the impacts of the COVID-19 pandemic. It has been a challenge for small businesses to keep their financial data safe and up-to-date while also accommodating employees that work from home. COVID-19 also brought with it the need to keep financial records in order for PPP…
Read MoreWashington State taxable employers can offset some benefit charges. Deadline Sept. 30th, 2020
Attention TAXABLE EMPLOYERS: A Washington State law passed in March 2020 allots $25 million to the COVID-19 Unemployment Account (for those who pay unemployment taxes ONLY). Taxable employers can apply to have this account offset some of their benefit charges instead of charging them to your experience rating. This offset is not a refund…
Read MoreWhat Employers Need to Know about the Families First Coronavirus Response Act (FFCRA)
With schools returning to class in some fashion next week, many working parents are finding themselves challenged at home. For employers, it’s also a time to worry if an employee can’t come to work because of a lack of school or childcare. For those of you with employees, here are some things to consider. Your…
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