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 […]
Metcalf Hodges is Moving to Barkley Village
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 […]
Annual Meeting Requirement for Corporations, Partnerships and LLCs
As a corporation or LLC, you are required to hold and document annual meetings. Your business attorney should have mentioned this to you at the time you formed the Company. The attorney may even send you an annual reminder or a disclaimer to sign each year. In an audit, usually the second document an IRS […]
Who’s your most trusted business advisor?
CPAs play an important roll in many business decisions by offering objective business advise. Many business decision makers count on CPAs as their trusted business advisor. Thanks to the AICPA for turning stats into pleasing graphics.
Independent Contractor or Employee?
Worker classification is an area of high priority for the government. In many cases, the answer to the question is not straightforward. This article discusses the factors the IRS uses to determine a worker’s status to help business owners and managers understand the issue. Why is worker classification an important issue? If the worker is […]