Hooray for summer! Let's talk vacation! But first let's talk about the new long-term care insurance payroll tax, the new state capital gains tax, and the new sales tax rates in Whatcom County. And after that tax talk, we can share jokes!
But first, some news from QuickBooks.
They have just told us prices will be going up soon. On top of that, the wholesale discount we receive and pass along to new clients is going to be reduced (for existing clients the discount will stay at 50 percent). We will be sending an email next week detailing the changes. And we want to add a reminder that we never mark up the cost of QuickBooks.
Long-Term Care Tax
Washington is imposing a new long-term care tax on every employee in the state. You can avoid the tax and pay for a better plan instead, but you'd better hurry!