Long Term Care tax in Washington State

Long Term Care tax in Washington State

Washington State recently passed legislation to create the nation’s first state-run long term care fund.  The Long Term Care Act goes into effect January 1, 2022.  Here is what it means for you as an employer, as a potential beneficiary, and employee options for...

Employee Retention Credit

  Another program that was part of the $2 trillion CARES act is the Employee Retention Credit for Employers Subject to Closure due to COVID-19 Crisis.  This program is designed for small employers, but is not available to businesses who have received a Paycheck...

Paycheck Protection Program

As you probably know, the Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed on March 27, 2020.  The $2 trillion package includes $349 billion for a loan program called the Paycheck Protection Program (PPP). This is an unprecedented program both in...