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Business Resources

*A New Tax Credit for Washington Workers*

The Department of Revenue will begin accepting applications for the Washington Working Families Tax Credit (WFTC) on February 1st. The purpose of the program is to stimulate the local economy, promote racial equity and support the well-being of Washingtonians. The program is perpetual (not only one time) and will provide refunds of up to $1200 to individuals and families who meet certain eligibility requirements. Learn more here.

 

*Changes Impacting Workers Effective January 1st*

The Department of Labor & Industries wants to make sure everyone is aware of the new changes and how they may be impacted. Changes include: minimum wage and minimum salary for overtime-exempt employees are increasing, agricultural overtime eligibility is expanding, ride share drivers are gaining access to minimum trip pay and other rights, job-seekers will see wages transparency in job postings. Learn more here.

 

*New Veterans Small Business Certification (VetCert) Portal Open Now*

SBA's new Veteran Small Business Certification program implements changes from the National Defense Authorization Act for Fiscal Year 2021 which transfers the certification function from the Department of Veterans Affairs to SBA as of January 1, 2023. The transfer will provide veterans with a central support point for their small business certification needs. Learn more here.

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