While your team may be aware of large sales in the business, they may need to learn what it costs you to run the business, pay a team and cover the hidden costs of mistakes and rework. Be cautious in ...

On June 4, 2021, King County Superior Court upheld the validity of the new Seattle payroll expense tax (dubbed the "JumpStart" tax) against a constitutional challenge. The tax came into effect January ...

This week, the Washington Court of Appeals affirmed a lower court’s decision to dismiss a challenge to the recently enacted payroll expense tax in Seattle, WA. Seattle Metro. Chamber of Commerce v.

Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other ...

Facing a more than $1 billion deficit and having disavowed a property tax hike, Johnson last week said he would consider the return of a per-employee “head tax” on businesses or a much bolder payroll ...

Seattle Mayor Bruce Harrell released his payroll expense tax (PET) report for 2024 on Tuesday and its projections came up nearly $50 million short. “Today’s announcement that PET revenues collected in ...

A payroll expense transfer (PET) is used to correct errors with posted payroll after the payroll process is complete. As a best practice, department staff should review payroll transactions on a ...

When a regular payroll expense occurs, the charge to the salary account will trigger the fringe rate to be applied and charged to the correct fringe benefit account. When a PET occurs, the charge to ...