With the New Year in full swing, it’s a good time to consider new laws that will take effect in 2012 (and to be reminded of some that remain in effect). Effect of Washington State’s new liquor law on local restaurants, bars, and craft distilleries. The annual adjustment of Washington’s minimum wage. New employment-related changes […]
Making a § 83(b) election for restricted stock can be a complex decision due to the inherent risks involved. It is best to get the advice of legal and tax counsel before making this decision. The election deals with property subject to a substantial risk of forfeiture. The reason its so popular for founders of […]
The University of Washington Business and Economic Development Center is currently offering a business certificate program for local business owners. I enrolled in the program and although I do have a business background I have found it very valuable. Last week the instructors were from the Department of Labor and Industries. They spoke in great […]
As we all know well, Independent contractors (ICs) must pay their own state and federal income taxes, and with employees an employer has to collect federal taxes and pay part of the Social Security and Medicare taxes. As a result, a number of business owners prefer to hire Independent Contractors. However, there exists a fine […]