Author: admin_falco

Time to Update Quickbooks Desktop

If you haven’t done so already, now is the time to update your version of Quickbooks Desktop. As of the end of May, Intuit no longer supports…

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Considerations for Form 1095-C

Applicable large employers (ALEs) are required to file Form 1095-C annually on February 28th (on paper) or March 31st (electronically). Form 1095-C reports Employer-Provided Health Insurance Offer…

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Washington State Long-Term Capital Gains Tax

History Washington State has enacted a 7% excise tax on long-term capital gains over $250,000 (adjusted annually for inflation) from sales of stocks, bonds and certain other…

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New WA DOR Form Filing: Annual Reconciliation of Apportionable Income

The Washington Department of Revenue introduced a new form filing for businesses called the Annual Reconciliation of Apportionable Income. The new annual reconciliation filing is a requirement…

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New GAAP Lease Standard ASC 842

Overview   For those of you on GAAP (Generally Accepted Accounting Principles) basis, a big change took effect on January 1, 2022, and after years of delay,…

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