2012 April Newsletter
4/1/2012 7:36 AM
We can all breathe a sigh of relief now that our spring deadline season has passed; however, we still have a few other compliance matters to inform you about that are due at the end of this month (as if there weren't enough of these things already!) If you have questions in any of these areas, please contact us and we'll be happy to help you through these filings.
For businesses, due April 30:
- Annual county property tax affidavits
- Quarter-end payroll and excise tax form filings
For individuals, due April 30:
- County real estate tax payment
For those of you with businesses in multiple counties, you will need to file a separate property tax affidavit form for each county. These are information returns only so no tax payment is required with these filings.
Your quarterly federal Form 941, state unemployment, L&I and state, city and/or local excise tax forms and payments are also due at the end of this month for the first quarter of the year (January 1 through March 31, 2012). Regardless of whether your business had activity during this time, information forms still need to be filed and can be marked as having "no activity" if applicable.
As always, we are happy to share news and activities with you each month so please read on to see what's been going on outside of taxes, taxes and more taxes.
Many thanks to our friend, neighbor and fellow City Council member at the City of Redmond - David Carson - for helping us to win this award, compliments of Redmond Patch.
We certainly agree with David's assessment about our firm staying involved and connected in our local business economy. We will continue to do so at all levels - local, state, regional and federal - so that we can keep our clients informed and in touch on matters than impact their lives and prosperity.
Some of you may recall when Kermit the Frog said "it's not easy being green", well here at Falco Sult, we can attest to that; however, we are committed to making our resource conservation goals easy on you. One of the most recent ways we have done this is by transitioning to a new client portal system, allowing you easier, online access to your tax returns and more.
This new system also lets you create separate, limited-access accounts for your financial advisor, a key employee, mortgage broker or banker, saving you time by avoiding what can be tedious homework if you are working on a refinance, financial plan, or other project. If you have not yet activated your portal account or would like to have an account created for someone else, please contact Marcia Karr.
We know this tool isn't for everybody though, so at any point, you are welcome to contact our office and request a paper or electronic copy of any document that you need. We also appreciate the opportunity to hear from you on these new tools and procedures so that we can continue to improve our service and client experience.
Thinking more about retirement these days? How much will you have when you get there, do you have enough, and more importantly, when you will actually pull the trigger? If so, you will want to check out the Social Security Administration's online retirement estimator that lets you estimate your actual retirement benefits via a secure online interface.
As you have read in past newsletter issues, you know that we are huge proponents of planning. Social Security income is just one piece of that of that puzzle, part of your overall retirement strategy and financial plan. If you are interested in exploring your options for getting your plan started, then please give us a call. There's no time like the present to get the wheels in motion.
We are happy to announce the launch of our sister company's new website, www.pro-accountinginc.com. We encourage you to take a few minutes to check out the new site which contains information about their full-charge bookkeeping and accounting services, QuickBooks credentials and specialties, as well as a News and Resources tab with common forms, links to taxing agency websites and more.
If you are a client of Pro Accounting and would like to write a review of their services, please consider doing so on their Yelp page or on either Kathy or KariAnne's QuickBooks ProAdvisor pages. We are always appreciative of the feedback we receive from you and look forward to seeing those from you.
Resolution for the Young at Heart! Benefiting Hopelink: April 29, 2012 - The Redmond Athletic Club
World of Hope Dinner & Auction Benefiting Eastside Domestic Violence Program: May 5, 2012 - Meydenbauer Center, Bellevue
Tuxes & Tails Dinner & Auction Benefiting Seattle Humane Society: May 12, 2012 - at the Hyatt Regency Bellevue