This may come across as a hot take, but despite the gloom and doom broadcasted, the data appears to support that the current economic climate in the United States is looking favorable. Despite inflation, America teetering on the brink of its debt ceiling, and the numerous layoffs in tech industries,
Who Can Claim A Home Office Deduction For 2022 Taxes?
A home office deduction is available to almost any business owner and is generally a deduction of up to $5,000 per year. However, the deduction does not apply if you're simply working from home during COVID.To make sure you qualify, check with your tax preparer because there are specific rules
How to know if you need a CFO service
As a business owner, you understand the importance of having accurate financial records and strong internal controls to ensure the security and stability of your company. However, managing these tasks can be time-consuming and overwhelming, especially if you need a dedicated financial team or are
Seattle’s Job Market Worsening Even With Real Estate Falling
Seattle's job market has been in a difficult situation for the past few years, with unemployment rates high and job opportunities decreasing. Even as the real estate market has begun to fall, the job market has not improved, leaving many people worried about their prospects.Home prices: level or
Washington Law Requires Salary Range On Job Listings
The pay transparency law in Washington State requires employers to provide the salary range on job listings and advertisements. Most Washington employers now must provide salary fields on job listings, promotions, and recruitment tactics. The law also dictates that employers disclose pay information
Prepare for the Tax Bracket Changes in 2023
Your income tax rate paid varies based on your level of income. Those in higher income tax brackets pay a larger share of their income in taxes. To account for rising prices in the United States, the Internal Revenue Service raised tax bracket thresholds for the next tax year, 2023. As a result,
Tax Credits for 20 States in 2022
20 states in the US are offering tax credits and one-time rebates for 2022. Most of these tax credits aren't as grandiose as the multiple COVID stimulus checks from previous years however, these credits can go a long way, especially if you've been hurt by the pandemic.Interest rates have cooled
How To Solve The Debt Ceiling?
President Biden avoided the country's first default by signing legislation in the tail-end of 2021 to increase the government's borrowing limit by $2.5 trillion, raising the limit to $31 trillion. While this was expected to last until July of 2023, inflation isn't getting better and America edges