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SBE/DBE Professional Services Open Houses

On July 17 and 24, the partnership of DEA, Parametrix, and WSP will hold SBE/DBE Professional Services Open Houses for staffing in pursuit of Sound Transit’s future Everett Link Extension and Operations and Maintenance Facility – Project Development Services project. Please join us to network and explore potential roles on the project. If your firm is certified, or wishes to be certified as an SBE/DBE we encourage you to attend.
July 17, 2019
WSP Offices
999 Third Avenue, Suite 3200
Seattle WA 98104
July 24, 2019
Economic Alliance Snohomish County
808 134th Street SW, Suite 101
Everett, WA 98204

RSVP - Visit and complete the on line registration questionnaire before 5:00pm, July 15, 2019.
Potential Project Disciplines
  • Transportation Planning
  • Environmental Services/NEPA Documentation
  • Public Involvement
  • Tribal Coordination
  • Station Area Planning
  • Equity and Social Justice
  • Land Use and Right-of-Way
  • Urban Design
  • Architecture
  • Transit Oriented Development
  • FTA Funding Strategy
  • Ridership Forecasting
  • Project Controls
  • Civil Engineering
  • Geotechnical Engineering
  • Mechanical and Electrical Engineering
  • Structural Engineering
  • Transit/Rail/Systems Engineering
  • Operations and Maintenance Facilities
  • Surveying
  • CADD
  • Utility Relocation
  • Procurement Documents
Click here to download the flyer.

2019 King County Executive's Small Business Awards

Nominations for 2019 King County Executive's Small Business Awards is open through June 30, 2019. To be eligible for consideration, a business must meet the following requirements:
  • Be located in King County
  • Have 50 or fewer employees
  • Be a for-profit business in operation for at least 3 years
  • All past winners and 2018 finalists are ineligible for nomination
  1. A business may self-nominate or be nominated by a chamber of commerce, a city, or a business organization
  2. A business may be nominated in more than one category, but will need to complete a separate nomination form for each entry
  3. All businesses are eligible for nomination, except 2018 finalists and past award winners

Click here to submit your nomination.

IRS Announcement & Upcoming Events

IRS Webinars for June

Several webinars are being offered this month:

IRS Webinars Available for Viewing

The following IRS webinars are now archived and available for viewing in the IRS Video Portal:
Understanding How to Do a Paycheck Checkup
Understanding Tax Relief for Disasters
The full transcripts are provided as closed captioning and the PowerPoint for each webinar is posted for downloading under the “Slides PDF” link.

U.S. Chamber's Cybersecurity Series
The rapidly evolving cybersecurity landscape has been marked by more sophisticated attacks aimed at compromising and acquiring sensitive data as well as the disruption of organizational operations. Facing these growing threats, the importance of cyber insurance as a risk mitigation / risk transfer tool continues to grow for organizations of all sizes.

Wednesday, June 19 - 9:30 am - 12:30 pm
Four Seasons Hotel - Seattle
Register at the link above.

Opportunity Zones - Community Information Session Offered by Skagit County Economic Development Association
June 25 -- 4:00 PM - 6:00 PM

Small Business Administration Workshops
SBA offers a variety of workshops, some online and others in person. Check the Events Calendar for a complete list.
Also check out the SBA Learning Center for a variety of free online courses, available anytime!

SCORE Workshops

SCORE offers workshops designed to give you the skills necessary to start your own successful business. Location is Seattle unless otherwise specified.
June 7, Aug 22 – Managing Finances for a New One-Person Business
July 18 – Managing Finances for a New One-Person Business (Everett)
June 12, July 17, Aug 16 – Saving Taxes for Small Business
June 12, July 17, Aug 22 – Understanding Financial Statements
June 13, July 11, Aug 21 – Successfully Starting a New Business
June 20 -- Successfully Starting a New Business (Everett)
July 24 -- Legal Basics that Small Business Owners Need to Know
July 31 -- Organizing and Managing a New Business with Employees
Aug 21 -- SCORE Small Business Start-up Jumpstart!


There are also several tax resources, including checklists, recorded webinars and more available here:

Small Business Development Center (SBDC) Workshops

The SBDCs across Washington offer a variety of online and in person training for businesses. Visit the two links above to see what is available.
June 12 – Enumclaw: Small Business Start-up
June 13 – Mountlake Terrace: Federal Taxes for Your Business
July 30 – Covington: Small Business Start Up Orientation

IRS Updates & News Releases:

Did you know? One of the best ways to get information is by visiting the IRS Small Business Tax Center where you can learn everything from how to get an Employer Identification Number (EIN) online to how to best navigate an audit.

IRS reminder: Tax scams continue year-round
Although the April filing deadline has passed, scam artists remain hard at work, and the IRS today urged taxpayers to be on the lookout for a spring surge of evolving phishing emails and telephone scams. The IRS is seeing signs of two new variations of tax-related scams. One involves Social Security numbers related to tax issues and another threatens people with a tax bill from a fictional government agency. See the article for details.

Also check out the these IRS YouTube Videos:
Dirty Dozen – English | Spanish | ASL
Phishing-Malware: English | Spanish | ASL
Tax Scams: English | Spanish | ASL

IRS takes additional steps to protect taxpayer data; plans to end faxing and third-party mailings of certain tax transcripts
As part of its ongoing efforts to protect taxpayers from identity thieves, the Internal Revenue Service will stop its tax transcript faxing service in June and will amend the Form 4506 series to end third-party mailing of tax returns and transcripts in July. Tax transcripts are summaries of tax return information. Transcripts have become increasingly vulnerable as criminals impersonate taxpayers or authorized third parties. Identity thieves use tax transcripts to file fraudulent returns for refunds that are difficult to detect because they mirror a legitimate tax return. Individual taxpayers have several options to obtain a tax transcript – see the full article for more information.

Recapping highlights from National Small Business Week 2019
The IRS continues to highlight many resources available to help small business owners and self-employed individuals understand and meet their tax obligations. Here’s a recap of key topics covered in IRS Tax Tips during this year’s Small Business Week.

How small businesses can connect with the IRS over social media.
Taking care of business: recordkeeping for small businesses.
It pays for employers to file payroll taxes electronically.
Businesses should review depreciation deductions rules.
Small businesses can benefit from deducting vehicle costs on their taxes.

Done with taxes this year? Use 2018 return to get 2019 withholding right
Millions of taxpayers filed a 2018 tax return in the last few weeks, making now a prime time for everyone to consider whether their tax situation came out as they expected. If it didn’t, they can use their recently finished 2018 return and the IRS Withholding Calculator to do a Paycheck Checkup and adjust their withholding.

IRS now billing those who filed for 2018 but didn’t pay; many payment options available
The Internal Revenue Service advises those now receiving tax bills because they filed on time but didn’t pay in full that there are many easy options for paying what they owe. Taxpayers can pay online, by phone or using their mobile device. Taxpayer who can’t pay in full may consider payment plans and compromise options; the IRS wants anyone facing a tax bill to know that they have many choices available to them. If a tax return was filed but the amounts owed are unpaid, the taxpayer will receive a letter or notice in the mail from the IRS, usually within a few weeks. These notices, including CP14 and CP501, which notify taxpayers that they have a balance due, are frequently mailed during June and July.

Recent major tax law changes affect most taxpayers, and while the vast majority are receiving refunds, others discovered that they owe tax this year. Many of them may qualify for a waiver of the estimated tax penalty that normally applies. See IRS Form 2210, Underpayment of Estimated Tax by Individuals, Estates and Trusts, and its instructions for details.

IRS announces multi-year plan to update, modernize IT systems; Effort focused on improved taxpayer services, expanded cybersecurity and taxpayer data protections
The Internal Revenue Service released today a six-year plan to modernize the agency’s Information Technology systems and improve a variety of taxpayer services critical to the nation’s tax system. The plan outlines a bold strategy to enable business transformation focused on improving services for taxpayers and the tax community while protecting taxpayer data.

IRS releases Data Book for 2018 showing range of tax data including audits, collection actions and taxpayer service
The Internal Revenue Service has released the 2018 IRS Data Book, a snapshot of agency activities for the fiscal year. The 2018 IRS Data Book describes activities conducted by the IRS from Oct. 1, 2017, to Sept. 30, 2018, and includes information about tax returns, refunds, examinations and appeals. The annual publication is illustrated with charts showing changes in IRS enforcement activities, taxpayer assistance levels, tax-exempt activities, legal support workload and IRS budget and workforce levels when compared to fiscal year 2017 and prior years. Included this year is a section on taxpayer attitudes from a long-running opinion survey.

Tax Reform -

IRS, Treasury unveil proposed W-4 design for 2020
The Internal Revenue Service has issued a draft of the 2020 Form W-4, Employee's Withholding Allowance Certificate (PDF), that will make accurate withholding easier for employees starting next year. The revised form implements changes made following the 2017 Tax Cuts and Jobs Act, which made major revisions affecting taxpayer withholding. The redesigned Form W-4 no longer uses the concept of withholding allowances, which was previously tied to the amount of the personal exemption. Due to changes in the law, personal exemptions are currently not a central feature of the tax code. The IRS and Treasury collected extensive feedback over the past year while working closely with the payroll and tax community to develop a redesign that best serves taxpayers.

The IRS expects to release a near-final draft of the 2020 Form W-4 in mid-to-late July to give employers and payroll processors the tools they need to update systems before the final version of the form is released in November. To make additional improvements to this initial draft for 2020, the IRS is now accepting comments for 30 days. To facilitate review of this form, IRS is also releasing FAQs about the new design.

Facts About the Qualified Business Income Deduction
With major tax law changes impacting every taxpayer, the Internal Revenue Service has developed a special electronic publication and other online resources designed to help people understand how tax reform affects them this year and the years ahead. Many individuals, including owners of businesses operated through sole proprietorships, partnerships, S corporations, trusts and estates may be eligible for a qualified business income deduction, also called the section 199A deduction. Some trusts and estates may also claim the deduction directly. The deduction allows them to deduct up to 20 percent of their qualified business income (QBI), plus 20 percent of qualified real estate investment trust (REIT) dividends and qualified publicly traded partnership (PTP) income.

Tax Tips
All taxpayers should plan ahead for natural disasters
Small businesses can benefit from deducting vehicle costs on their taxes
Businesses should review depreciation deductions rules
Taking care of business: recordkeeping for small businesses
Here's how small businesses can connect with the IRS over social media