We are excited to announce that Metcalf Hodges is moving its offices to a new location in Barkley Village. Our new address is 2115 Barkley Blvd, Suite 201 Bellingham, WA 98226 (formerly the Snapper Shuler Kenner Office). While we’ll miss working in downtown Bellingham, we’re excited about the new location and look forward to giving […]
WA State Long Term Care Act Updates
The Long-Term Care Trust Act will become effective on January 1, 2022. This means that starting in January, all Washington State employees will be subject to a 0.58% payroll tax. Employers will be responsible for collecting the tax through payroll deductions. This tax will fund a state LTC insurance program. LTC is for individuals who […]
COVID-19 Update
It’s clear that the COVID-19 crisis is rising and, while we here at Metcalf Hodges are not panicking, we do want to be prepared and have a plan in place to minimize potential impacts to our clients and our team. Currently, we are sanitizing the office every night. The reception area and main conference rooms […]
How Will the New Tax Law Affect Me?
Join Metcalf Hodges for a seminar to learn about the new tax law, which is titled “Tax Cuts and Jobs Act” or TCJA. This legislation is the first significant tax reform in 30 years! The seminar will be held at the Bellingham Golf & Country Club on January 23rd, from 4:00-6:00 pm. As seating will […]
Social Security Seminar
Join Metcalf Hodges, Northwestern Mutual, and PeaceHealth St. Joseph Medical Center for an estate planning seminar Wednesday, February 24, 2016. Hear about a recent US Treasury Regulation that allows a deferral on a portion of required minimum distributions from your IRAs. Learn what you need to know about your Social Security benefit options. Learn how […]
2016 Key Employer Highlights
Each year, Metcalf Hodges creates an employer reference guide with regulatory source references and general employer guidance for federal and Washington state employer tax issues. If you are looking for current filing deadlines, electronic filing and deposit requirements or annual limitation amounts, this guide is for you. If you have a specific situation or have […]
IRS Raises Asset Expense Threshold
Businesses may now deduct up to $2500 in asset purchases under new IRS guidance. In 2013, the IRS issued final Treasury Regulations related to tangible property used in a taxpayer’s trade or business or investment activity. The regulations took effect January 1, 2014 and were intended to clarify the rules related to capitalizing assets for depreciation […]
Stretch IRA benefits with a CRUT
LEAVE MORE TO YOUR HEIRS & BENEFIT YOUR FAVORITE CHARITY WITH A CRUT Currently, when someone leaves an IRA account to a non-spouse beneficiary, the beneficiary is required to take out required minimum distributions (RMDs) that are based on the beneficiary’s life expectancy. There is political pressure in Washington DC to limit RMDs for non-spousal […]