2020 and 2021 were some of the most challenging years for the Internal Revenue Services (IRS). The pandemic caused many delays and resulted in a backlog of tax returns. Millions of taxpayers experienced a plethora of uncertainties, especially those who were getting refunds. During the first
Lockstep Launching A Smart Inbox for Accounting Teams
Lockstep is a startup company that's created a new product to connect accounting teams globally. The company (based in Seattle) has applications that automate accounts receivable and accounts payable workflows. The company improves cash flow and effectiveness to enable them to work better together.
Elon Musk Getting Cold Feet in Twitter Deal
After announcing plans to purchase Twitter, things may not be going as planned for the famous cryptocurrency master, Elon Musk. Elon Musk announced a 9.2% stake in the Twitter company on March 14. On April 5, the CEO of Twitter, Parag Agrawal, announced that Musk would join the company's
Rapid Inflation In The United States Due To A Poor Economy
Rapid inflation is a persistent and worrying trend in many countries. In the States, however, it is an altogether different ball game. Here, the economic stagnation of the past five years has led to the country’s lowest growth rate in decades and a massive drop in purchasing power. This has led to a
No, it wasn’t a joke. Elon Musk is set to buy Twitter
Elon Musk became Twitter's biggest shareholder on March 14 after purchasing 9.1% of the company's value for $2.64 billion. Musk initiated an unrequested and non-binding bid to buy Twitter for $43 billion, or $54 per share, and turn it private on April 4. Twitter's capital encountered its most
Washington Poised To End The Sale Of Gas-Powered Vehicles By 2030
Washington State has just announced that they're ending the sale of gas-powered vehicles by 2030. The push to end the sale of gas-powered vehicles is a part of the state’s new clean air law. This law sets ambitious goals for meeting the reduction of carbon emissions by 2050. The policy sets
Female Small Business Owners Finding Success In Seattle: Entrepreneurs In The Emerald City
Since 1982, Seattle’s official nickname has been “The Emerald City.” The Seattle-King County Convention and Visitors Bureau coined the term to attract visitors. The nickname for the city came about in 1982, and they included it in the city’s emblem. The name came after a competition for the best
FTC Suing TurboTax (Intuit) For Claiming It’s “Free”
The Federal Trade Commission (FTC) is suing TurboTax's parent company, Intuit, for claiming its tax software was free. Customers pay $60 for federal returns and $40 for most state returns after the initial free 1040EZ or 1040A version. According to the court filing published by the FTC on March