Summit Bookkeeping

Update as of January 27, 2022 Due to concerns regarding the WA Cares Fund, two house bills were passed by the Legislature to make...

What is Workers' Comp? Workers' compensation, also known as industrial insurance, benefits both the employer and the worker by providing...

Under the American Rescue Plan (ARP), small businesses are eligible to claim refundable tax credits that reimburse the cost of providing...

IRS Form 941, Employer's Quarterly Federal Tax Return, is used to report information about taxes withheld from employee's paychecks such...

The Small Business Administration reopened the PPP loan for previous borrowers on January 13, 2021. If you previously received a PPP...

Beginning January 1, 2021, minimum wage in Washington State will increase from $13.50 to $13.69 per hour.

Since closing on August 8, 2020, the SBA has approved over 5.2 million applications amounting in over $525 billion in PPP loans.

Beginning January 1, 2021, the Washington State Department of Labor and Industries (L&I) will be implementing new rules regarding overtime-e

This blog post will walk you through the basics of processing payroll for a new employee in Washington state.