Resources for Washington Businesses and Workers Impacted by COVID-19 Coronavirus

The Governor’s Office has compiled this partial list of resources to support economic retention and recovery related to COVID-19 coronavirus.

Business Owners, IndividualsThe Doty GroupFebruary 27, 2020Coronavirus, Governor Inslee, Washington STate, Department of Revenue, Excise Tax Returns, B&O Tax, Economic Injury Disaster, Small Business Administration, Small Business, Export Assistance, Department of Commerce, STEP Vouchers, Export Working Capital ProgramComment

IRS Updates Guidance on Business Expense Deductions for Meals & Entertainment

The proposed regulations affect taxpayers who pay or incur expenses for meals or entertainment.

Business Owners, Individuals, IRS News, Tax ReformThe Doty GroupFebruary 25, 2020Tax Cuts and Jobs Act, TCJA, Business Expenses, Meals Expenses, Meals and Entertainment Expense, IRS, Proposed RegulationsComment

Current Career Openings at The Doty Group

Our recent WorkWell award-winning firm has a career opportunities in tax, audit, and accounting services areas.

Community, Firm News, From The Doty GroupSarah GrayFebruary 24, 2020The Doty GroupCareers, Accounting Services, Tax, AuditComment

Companies See Significant Balance Sheet Impacts After Lease Accounting Transition

As lease liabilities continue to skyrocket, companies would be wise to start developing a plan for compliance immediately.

The Doty GroupFebruary 20, 2020The Doty GroupComment

Supporting the Northwest Spay & Neuter Center

The Doty Group is proud to be a sponsor of this year’s event and we’d love to see you there.

CommunitySarah GrayFebruary 11, 2020NW Spay & Neuter Center, Whiskers Wine and DineComment

FASB Proposes Improvements to Accounting for Contributed Nonfinancial Assets by Not-for-Profit Organizations

The proposed ASU would require a not-for-profit organization to present contributed nonfinancial assets as a separate line item in the statement of activities.

NonprofitsThe Doty GroupFebruary 10, 2020FASB, Accounting Standards Update, Nonfinancial Assets, Gifts-in-kind, Nonprofit, Financial Accounting Standards BoardComment

IRS Outlines New Tax Law Effect on Tax Exempt Organizations

Is your tax exempt organization affected by The Taxpayer Certainty and Disaster Relief Act?

IRS News, Tax ReformThe Doty GroupFebruary 3, 2020IRS, Tax Exempt Organizations, Nonprofit, The Taxpayer Certainty and Disaster Tax Relief Act, Parking Lot Tax, Exempt Employers, Tax Cuts and Jobs Act, Private Foundations, investment income, governmental grantsComment

Congratulations, Darryl!

Join us in congratulating Tax Manager Darryl Spencer for receiving his Masters in Taxation!

Firm News, From The Doty GroupSarah GrayJanuary 30, 2020The Doty GroupStaff, Tax, Darryl Spencer, Firm Culture, Congratulations, MastersComment

Due Dates for Backup Withholding Forms Coming Quick

Upcoming filing deadlines for businesses and other payers who take out backup withholding from payments they make to certain other people

The Doty GroupJanuary 27, 2020Backup withholding, Form 945, Information Returns, Accounting Services, 1099-Misc, Nonemployee CompensationComment