Weekly News: Sysco ProStart Invitational, February 18 – Don’t Miss it!
Sysco ProStart Invitational, February 18 – Don’t Miss it! Future master chefs and entrepreneurs are going head-to-head in the kitchen and the board room at the 2017 Sysco Washington ProStart...
View ArticleOBAMACARE (Reporting requirements still in place!)
Healthcare Solutions Employers subject to the Affordable Care Act’s (ACA) information reporting requirements are reminded that the deadlines to file and furnish Forms 1094 and 1095 are quickly...
View ArticlePersonal Property Tax
What is personal property tax? Most people are aware that property tax applies to real property. Personal property is also subject to property tax when used in a business activity. Personal property...
View ArticleRecord Keeping Requirements
What records must I keep and for how long? Good record keeping is an important element of running a successful business. The law requires businesses to keep complete and adequate records for a period...
View ArticlePreparing For An Audit
How are accounts selected for audit? Audits are a routine procedure used to determine whether state excise taxes are being reported and paid correctly. The majority of businesses audited by the...
View ArticleWeekly Update: WLA challenges ballot title of union-backed Seattle hotel...
The WLA filed a ballot title challenge to Initiative 124. We updated members about I-124 in last week’s Weekly (read it here.) We believe the ballot title fails to accurately reflect the substance of...
View ArticleYour 1095s are due to the IRS soon
If you employed an average of 50 or more full-time employees (including full-time-equivalent employees) in 2015, or if you offered a self-funded health insurance plan last year, deadlines are quickly...
View ArticleWant to increase your tax return? Donate food
Restaurateurs who donate their surplus food can now take advantage of some new tax incentives, including an enhanced deduction. The changes are the result of the PATH Act, which Congress passed last...
View Article2016 Standard Mileage Rates for Business
The Internal Revenue Service has issued the 2016 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes....
View ArticleNew IRS rules simplify remodeling deductions
Confused about how federal tax law treats your spending on restaurant repairs, remodels and refreshes? A new Internal Revenue Service announcement will make it easier for qualified restaurants to...
View Article6 tax breaks to ease your cash flow now
Work with your tax adviser to identify tax incentives that could help you reclaim investment costs on your 2014 returns, rather than down the road. “You want to get your assets in the shortest...
View ArticleTip reporting: What you need to know about Form 8027
As you tie up loose ends on your 2014 records in preparation for filing taxes, don’t forget about your tip-reporting paperwork. Many restaurateurs are required to file an annual report with the...
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