Tax Changes Coming in 2015

Tax Changes Coming in 2015 Just in the nick of time, as 2014 winds down, the Senate recently extended several tax provisions – including mortgage debt forgiveness and credits for energy-efficient home improvements – that had expired at the end of last year. Those extensions will apply retroactively, but it’s unclear whether…

Minimum wage increase

The 2014 Washington minimum wage is $9.32. Washington’s minimum wage applies to workers in both agriculture and non-agricultural jobs, although 14- and 15-year-olds may be paid 85% of the minimum wage ($7.92). Washington’s minimum wage will increase 15 cents to $9.47 an hour beginning Jan. 1, 2015, the Department of…

Trick Or Treat – Fake IRS Agents Stealing Your Identity And Scamming You For Money

With Halloween coming up, it is just not the neighbor kids looking forward to trick or treat but also people pretending that they are the Internal Revenue Service looking to steal your identity and scam you for your money. The scam artists exploiting innocent law-abiding taxpayers has been a big…

New Rules On ITINs: What Does This Means For You?

For a quick refresher on what ITINs are: Individual Taxpayer Identification Numbers aka ITINs are tax processing numbers issued by the Internal Revenue Service. It is a nine digit number that always begins with the number 9 and has a range of 70-88 in the fourth digit, example 9XX-7X-XXXX. The…