Seattle residents will vote on a $1.55 billion transportation levy on November 5th. If passed, this would be the largest levy in the city's history. The levy, supported by Mayor Bruce Harrell and approved by the City Council, aims to fund various transportation projects, including safety
EV Tax Credit: A Green Light for Electric Vehicles
The electric vehicle (EV) revolution is gaining momentum, and the recent passage of the Inflation Reduction Act has provided a significant boost. This landmark legislation includes provisions to extend and expand the federal EV tax credit, making it easier for consumers to transition to electric
Seattle’s Sweet Success: Could a Soda Tax Fund Your Child’s Education?
Remember the uproar in 2017 when Seattle passed a tax on sugary drinks? Critics predicted economic doom and gloom for small businesses, while others questioned the effectiveness of such a measure. Fast forward to today, and the story is taking a surprising turn – one that could have a significant
Seattle Eying Delivery App Fees, Not A Food Levy
Confusion has gripped Seattle residents in recent weeks, fueled by rumors circulating online about a proposed tax on groceries. The culprit? An email allegedly from Instacart, the popular grocery delivery service, warning customers about the new levy. But fear not, Seattleites, your pantries are
Seattle’s Tax Burden Soars, But City Struggles to Address Urgent Concerns
The Downtown Seattle Association (DSA) is raising concerns about the city's escalating tax rates and its failure to address critical issues facing residents. A recent study commissioned by the DSA revealed that Seattle's general fund and operating fund taxes have skyrocketed at an alarming rate,
Navigating Black Friday as a Small Business
Black Friday is a global shopping phenomenon, synonymous with deep discounts and frenzied crowds. While large conglomerates and big-box retailers dominate the Black Friday landscape with their massive advertising budgets and deep-pocketed promotions, small businesses often find themselves struggling
The IRS’s new withdrawal process for the employee retention tax credit (ERC)
What is the ERC? The ERC is a tax credit that was created to help businesses during the COVID-19 pandemic. It allows businesses to claim a credit for certain wages paid to employees who were unable to work due to the pandemic. Why is the IRS offering a withdrawal option? The IRS is offering
The Seattle City Council’s Spending Problem
The Seattle City Council has been in a spending spiral for years. From 2012 to 2019, the General Fund budget (which funds basic city services such as police, fire, and human services) increased by 52%. City employees (not including utility and transportation workers) increased by 26%. The council