On May 28, 2021, the Treasury Department released the “General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals.” These proposals are also known as the “Green Book” for both the American Jobs Plan and American Families Plan. These proposals are in the very early stages, and there is no guarantee they will become law.... View Article
Tax changes can add an unwavering complexity, but proper timing and good advisors can keep you ahead of proposed tax changes. Trying to do your own taxes is not a simple endeavor, and as a business owner, it’s even more complicated. You’re not only concerned with payroll taxes or income taxes; you’re also concerned about... View Article
Administrative Agencies are government bodies that are empowered to direct and supervise the implementation of particular laws. These agencies are often appointed by governmental authority such as the President of the United States, Congress, or a state constitution or legislature; but an agency does not necessarily report to the government. Certain agencies, such as the... View Article
I attended a “Tax Update” program offered by McGladry through the Center for Advanced Manufacturing Puget Sound (CAMPS). I gained a number of important insights that I wanted to share. I must add the caveat, though, that I am not a tax gal and am simply relaying the valuable information I heard. If something resonates... View Article