Author: admin_falco

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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Planning Ahead: Tips for a Smooth Transition

Compared to selling other assets, like real estate or publicly held securities, the sale of a business is often a very personal process with its own unique…

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Avoiding Penalties – Special 401(k) Early Distribution Provision

We’ve all thought about what our retirement will look like, and, maybe how exactly we can retire earlier than expected to experience more of what life has…

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Thinking of Buying an Electric Vehicle in 2023?

The Inflation Reduction Act brought some significant changes to the rules for the electric vehicles (EV) tax credit. The federal electric car tax credit is an incentive…

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