Blog

The threat of a cyberattack is ever present on executives’ minds, and cybersecurity is the  hot topic in governance circles. The issue facing executives is that many different standards and frameworks regarding cybersecurity have evolved, and each framework tends to be more widely adopted in certain parts of the globe. Variations in Frameworks In the […]

By Shane Ratigan JD, LLM and Jennifar Hill JD, LLM Online marketplace sellers can take advantage of a new multi-state tax amnesty program – if they apply by October 17, 2017. Online marketplace platforms allow big and small companies to access a global market without incurring significant advertising or marketing costs. For those sellers that are […]

The Washington Legislature approved the paid family leave program on June 30, 2017 – but now what? What does the Paid Family Leave Act mean for your small business? First, you may be wondering when it will become effective. The bill states that premiums need to be remitted beginning on January 1, 2019, and the […]

By Mike Nurse, CPA, CFE, CGMA Trust is foundational to any relationship, both personally and professionally.  Trust is also something that needs to be nurtured over time, with the main ingredients being integrity, honesty and demonstration of respect. Lack of trust in the workplace can lead to a culture of backstabbing and paranoid suspicion, and perhaps […]

By Frances Olson, CPA, Manager | Clark Nuber PS Introducing a little one to the family is a very exciting time. That said, there are some financial logistics to consider, before your bundle of joy arrives, that will help protect your family’s financial future. These are the not-so-fun topics that are crucial parts of parenting […]

I recently heard a fable involving an elderly Native American warrior teaching a life lesson to his grandson. He said, “A fight is going on inside me.  It is a terrible fight and it is between two wolves. One is evil – he is anger, envy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, […]

After a long wait, the Financial Accounting Standards Board (FASB) approved the new lease accounting standard (Accounting Standards Update 2016-02 “ASU 2016-02”) in February 2016. For public companies, reporting requirements will come into effect for years beginning after December 15, 2018.  For all other businesses, these requirements will take effect for fiscal years beginning after […]

By Nicole Lyons, CMI | Clark Nuber PS Taxpayers taking advantage of any one of the available State of Washington tax incentives – including tax deferrals, reduced B&O tax rates, exemptions, and credits – may be required to file an Annual Report or Annual Survey. Some incentives require that both the report and the survey […]

By Joe Haberzetle, JD, LLM Owners and managers of multiple entity businesses holding California real estate investments may be surprised to learn that laws written almost 100 years ago can have a dramatic impact on their taxes. In the 1930s, California implemented special reporting rules for multiple entity business models.  The rules, reportedly targeting the movie […]

By Brandi Fruik, CPA MST | Clark Nuber PS Our high net worth clients often want to get their children interested in finance and investing at a young age. Along with this desire comes setting up brokerage accounts, which may produce taxable income to the child. There are two different ways to report your child’s […]

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