2014-11 Newsletter
WAA Update November 2014
In This Issue

From the President
Legislative News
NSA Update
Practice Management
Chapter News



Below is the list of programming.  Click on the event link for details on registration pricing as well as the link to the online registration form.
Around the State

Chapter Events

We have four active chapters around the state.  These chapter officers have been diligently working to bring relevant education to the chapter members and with creating a quality collaborative peer meeting environment. 
Go to www.waa.org/chapters to find out what is happening in your chapter.

Our Leadership

Board of Directors



Chapter Listservs

All WAA members have been subscribed to their chapter listserv based on the chapter listed in their profile.  Download these listserv instructions to learn how to subscribe if you do not currently have a chapter affiliation listed on your profile, to unsubscribe, or to change the email address you want subscribed to the listserv.

Membership Dues

The non-deductible portion of WAA membership dues for Active and Associate members is 26% for this fiscal year. This amount is attributable to lobbying activities.

In Memorial

If you are aware of a WAA member who has passed on please contact [email protected].

Job Board

Looking for Work or a New Employee? Check Out Our WAA Job Board!

Click here to learn more and see current jobs and resumes.

Editorial Content

The principal aims of this publication are the advancement of the accounting profession and communication among our members. Opinions expressed herein are those of the individual writers and not necessarily those of WAA or the Editor. Please submit articles and comments to [email protected].

The deadline for submissions is the 15th of the month preceding publication.

The mission of the Washington Association of Accountants is to promote and protect the right of every member to practice accounting and taxation; to provide the services and professional education necessary to maintain and improve professional competence.

From the President

by Charles Grass

I recently attended a Rotary International Institute as a guest. There are many parallels between Rotary and the Washington Association of Accountants, both are member / volunteer based and run, and both are of service to the community. An important difference; Rotary is a service organization while WAA is a professional organization that advocates particularly for the non-CPA accountant and provides educational programs to individual and small practice accountants.

One thing that both Rotary and WAA provide is a platform on which relationships are built. With Rotary, the relationships are local and global. With WAA relationships are more local, with some cross state and national. What struck me clearly at the Institute, and at other Rotary conferences, is the willingness among members to help each other, not only in the Rotary mission but in life. We see that in WAA in the chapters and at the annual meetings. Members helping members; whether the question is what IRS form for that most unique situation or referrals to other professionals or covering an ill member’s office.

If you have not been to a chapter meeting at all or not in a while, I personally invite you to come visit. Not only do we share a meal, and listen to speakers on topics pertinent to our practices and lives, we build relationships. Relationships that can answer that question you have or refer you to someone who can.

We really cannot have too many friends.

Yours in Service,
Charles Grass, President

The holiday season is upon us. I hear that our chapter meetings in December will be lite on the professional and heavy on the fun. Happy Holidays to you and yours.


by Cynthia Polley

We’re in the midst of seminar season, and WAA has plenty of education options to satisfy your CPE requirements. It’s not too late to attend the upcoming Individual 1040 Update 16-Hours (in Auburn or Spokane) or get your EA ethics hours in at the same locations. In addition to the live Gear Up seminars, there is a great menu of online options that offer a variety of topics. 

Please see below for our list of educational opportunities.
Or go to our website www.waa.org.

2014 Live Seminar Schedule

Gear Up 1040- Auburn December 1-2, 2014
Gear Up EA Ethics – Auburn December 1, 2014
Gear Up 1040 – Spokane December 8-9, 2014
Gear Up EA Ethics – Spokane December 8, 2014


WAA is happy to announce that two of our most popular education providers, Montana’s Western CPE and Bob Jennings of TaxSpeaker have each provided us with exclusive articles available only to our WAA newsletter readers.

Read through Dr. Ray Thompson’s summary of the significant changes required for proper reporting of revenue as a result of the issuance of Accounting Standards Update (ASU ) 2014-09.

Then take a read through Bob Jennings analysis of IRS Notice 2013-54 and discover just how much your clients’ are affected in the health care fringe benefit arena. There is still time to take corrective action before the year end.

For more information and to access our members’ discounts for both vendors, please visit our website at waa.org and click on our online education links. Tell ‘em WAA sent you.



 ASU 2014-09: It’s Much More than an Accounting Change

By Dr. Ray Thompson, CMA, CFM, CBA

Reporting revenue will likely change significantly as a result of the new FASB and IASB converged standard on revenue recognition—Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606). While it’s hard to predict the ultimate result of the new standard, businesses must begin to work out how the standard will affect their reporting methods. To the extent their business models don’t match ASU 2014-09, companies will need to make their own judgments, but most agree the “devil will be in the details.”

Read on for a summary of how ASU 2014-09 will soon affect nearly every revenue-generating entity.

1. The new standard provides a single source for almost all revenue guidance. It covers all companies, in all industries, thereby removing much of the previous transaction-specific or industry-based guidance found throughout FASB’s Accounting Standards Codification (ASC).

2. The terminology we’re familiar with (e.g., “percent of completion,” “standalone value,” “multiple deliverables”) is replaced by such concepts as “performance obligations” and “delivery over time.” Analysts caution that there isn’t a one-on-one correspondence between old and new terminology; therefore, careful analysis is needed to understand how these differences could impact accounting results.

3. The new standard is much briefer, setting out broad principles and providing close to 100 examples of how the principles should be applied to specific fact patterns. There are no “bright-line rules”; rather, accountants are expected to apply FASB’s model for themselves, using their own professional judgment.

4. The new standard is expected to have a minimal effect on most small companies that have relatively straightforward transactions. Those with complex business models (e.g., licensing of intellectual property) will face difficulties, especially when they previously have used industry-specific rules.

5. All entities need to plan for significantly enhanced disclosures and be ready to explain and justify why they recognized revenue the way they did—simply asserting they’ve “followed the rules and gotten it right” won’t be sufficient.

Implementing ASU 2014-09 may alter a company’s reported revenue, one of the most important numbers on any financial statement, and some companies may even experience lost revenue as they transition to the new standard. ASU 2014-09 is much more than an accounting change. Implementing the standard will bring about significant internal changes, including:

• Accounting and reporting systems and changes in such key performance metrics as gross margins, EBITDA, and operating cash flow. Companies involved in long-term contracting may face issues with covenant compliance.

• Business operations, such as contracting procedures and documentation where contracts are driven by regulatory requirements, may be affected. It may prove difficult to match the new standard to current compliance procedures.

• Systems and controls may need to be altered to match with transaction accounting. IT systems for data accumulation and the general ledger will need upgrades to track information in accordance with the new standard (e.g., multiple deliverables and residual value).

• Controls over disclosures, for example, will need to address the increasingly qualitative nature of the estimation process. Documenting the wider range of judgments will create challenges for the reporting system as a whole.

• The impact of ASU 2014-09 on taxes is by no means clear. It’s possible the IRS may alter the Tax Code in response to the new standard, and some suggest there may be more book-to-tax differences under ASU 2014-09. The standard also could require changes in transfer pricing policies or provide opportunities for tax planning strategies.

For public entities, ASU 2014-09 will be effective for annual reporting periods beginning after December 15, 2016, including interim periods therein. Nonpublic entities will be required to apply the standard for annual periods beginning after December 15, 2017, and for interim and annual reporting periods thereafter.

You’ll get complete guidance from Dr. Ray Thomson and William Engelbret when you participate in their outstanding webcast Complete, Hands-On Guide to the New Revenue Recognition Rules. Register via WAA today and begin preparing for the implementation of ASU 2014-09.




For decades small business owners have deducted employee health insurance in a variety of ways. Internal Revenue Code Section 106 states that an employer may provide tax-free employee benefits in the form of payments for health or accident plans. Code Section 105(b) allows an employer to provide tax-free employee reimbursements for medical costs including insurance, as an HRA. Revenue Ruling 61-146 allowed an employer to reimburse an employee for some or all of the premiums for an individual health insurance policy, or even pay some or all of the premiums directly to the insurer.

In late 2013 the IRS issued Notice 2013-54 which essentially voided many of these small business health care benefits, effective January 1, 2014. In layman’s terms, Notice 2013-54, combined with a previous notice, 2011-1 has made the following changes, and has backed up the changes by imposing a $100 per employee, per day penalty ($36,500 annually) for non-compliance.

1. An employer may no longer reimburse or directly pay in a tax-free manner individual health insurance premiums as allowed in prior years. Unless the employee meets one of the “excepted benefits” discussed below the reimbursement or direct payment of insurance premiums beginning 1/1/2014 is considered a non-compliant group health plan under ACA and subject to the above penalties.

2. An employer may no longer reimburse or directly pay in a tax-free manner other individual employee health care costs, including co-pays, deductibles, prescription drugs, etc. as allowed under the HRA rules in prior years. Unless the employee meets one of the “excepted benefits” discussed below the reimbursement or direct payment of these costs beginning 1/1/2014 is considered a non-compliant group health plan under ACA and subject to the above penalties.

This means that employers that have been violating these new rules since the beginning of 2014 have a potential penalty problem of $36,500 per employee under Notice 2011-1. The good news is that the penalty will not be enforced by the IRS until they issue final Regulations on the topic, and no final regulations have been issued. The bad news is that a similar penalty is provided for under ERISA guidelines enforced by the Department of Labor and those penalties are enforced, so yes, we have a problem.

What are the “excepted benefits” that a small business employer may still provide? There are 4 exceptions discussed throughout Notice 2013-54 as follows:

1. Benefits provided by an employer that only has one eligible “participant”. (The clear guidance in the Notice actually says “less than two”, sarcasm intended). (Notice 2013-54, page 3, part 1, Market Reforms) Because an eligible participant does not include part-timers, seasonal employees, employees with less than 3 years of service, employees under age 25, union employees or nonresident aliens (105(h)(3)(B)) an employer may actually have more than 1 employee, as long as the other employees are in this non-eligible group.
2. Benefits provided for accident, disability, dental, vision or long-term care coverage. (Notice 2013-54, as above).
3. Benefits provided through an HRA that has been integrated with an employer sponsored group health plan. (Notice 2013-54, page 4, Paragraph 1).
4. Benefits provided to retirees. (Notice 2013-54 as above)

Presuming that every employer wants to go back to the beginning of the year and fix any 2014 errors that have occurred (or pay the $36,500 penalty if they don’t!), here is what we believe needs to be done for 2014 errors, followed by options for small employers going into the future.

If an employer has been providing tax-free payments for insurance, reimbursements or direct payments of health care costs for employees in 2014 this is no longer allowed and subject to the penalty upon examination. The employer has two options: either get the employee to pay back the payments that have already occurred, or go back to the beginning of the year and make the payments a taxable wage by grossing them up for FICA and Medicare. This means that there will be some additional payroll tax due, and that 941’s will have to be dealt with.

Looking into the future we see that a small business employer has these options:

• Discontinuing any and all health care related fringe benefits. Many of our small business clients are throwing their hands up in the air with confusion and anger because of ever-changing guidelines, requirements, penalties and filing rules that seem to change without notice and with incredible penalties attached. They are dropping any and all employer sponsored health care related fringe benefits out of fear of making some horrible mistake.

• Sponsoring a group health insurance policy in a non-discriminatory manner and paying some or all of the premiums. If an employee chooses not to participate, have them sign an “elect out” clause and all employer payments are deductible. The employees can pay their portion, if any, through a secondary pre-tax 125 cafeteria plan. This second option does come at a cost in that the employer now has to pay for a 125 plan and for compliance with health care disclosure rules from other Federal agencies such as we saw in 2013 with the HHS rules on employee notification. In our office this has not been popular among clients because of the same fear of making a bankruptcy-inducing mistake.

• Provide any health related fringe benefits the employer desires to any employee desired, but add the full cost to the employee’s wages for both regular and payroll tax purposes. This removes the tax-free element of Notice 2013-54 and allows the employer to do whatever they wish. Sadly this option means that the employee will face additional 7.65% payroll tax, as well as income tax, and that the employer will pay matching FICA as well as FUTA, SUTA and worker’s compensation insurance, so this has also not been a popular option among our small business clients.

In summary IRS Notice 2013-54 which became effective 1/1/2014 has made sweeping changes to small business health care fringe benefits that changes everything for small business. At TaxSpeaker we are concerned that many advisors, insurance agents and other tax professionals are unaware of these changes and that our clients will follow incorrect advice, so we are having clients sign a statement with the engagement letter addressing the issue. The engagement letters and statement, as well as dozens of other letters, checklists and worksheets, are available from our website via WAA in Word/Excel form.


Legislative News


 by Michael D. Vaughn

The Washington Board of Accountancy met on October 24, 2014. For Non CPAs, the good news is that they did not address any issues around limiting any rights to practice accounting. The major focus appears to be around compliance. The board is in the process of formalizing into law those aspects that were previously policy based in order to improve compliance. The Board is very interested in a working relationship with their counterpart in British Columbia, Canada. They are working on an agreement for conducting investigations into CPAs who operate across the border and it appears that will get finalized in the next year or two.

In the compliance area, the Board is looking into the use of Linked In as an investigative tool. Currently the Executive Director recommends against the use but the Board is going to explore the option with other state boards to see how or if they utilize this possible tool.

The Executive Director also noted the probability of the State sweeping the fund balance from the Department of Accountancy. Understanding the need from the State for funds withstanding, The Board Chair disagreed with this approach. The Executive Director stated that He would fight any Sweep of these funds.

Two Motions of Entry of Default were announced in the Board Meeting. One issue revolved around a foreign national testing in Guam for Licensing was caught cheating on the Exam and barred from future testing. The other was a currently licensed CPA who would not respond to the board inquiries concerning Continuing education. The two motions passed unanimously by the board.


NSA Update

by Larry Walkden

 In my role as your NSA state director, it has been my great pleasure to visit all of the WAA chapters and to discover the unique personalities of each.

The National Society of Accountants, (NSA), works for you and I’d like to take a moment to point out some of the advantages available to you as an NSA member.

 Through our affiliation with the Accreditation Council for Accountancy and Taxation, we offer you the opportunity to earn IRS recognized ACAT credentials. With an ACAT credential, you are exempted from having to take the voluntary annual tax refresher exam. Follow this link www.acatcredentials.org. to find out more information.

NSA members also have access to “TaxTalk”. Have you ever had a tax situation that you wish you could bounce off another professional? “Tax Talk” allows you to post your tax dilemma and then sit back and collect the responses from other professionals’ across the country. Many respondents provide IRC cites that you can use to bolster your tax position and to provide reassurance that you are “on the right track”.

These benefits and more come with a membership in the NSA, which is now available for 15 months for the low 12-month price of $199. This special offer, which runs through December 31, 2014 also includes a free 2014 Tax Year 1040 or Small Business Quickfinder or a free subscription to TheTaxBook's Tax Web Library – up to a $140 value. You can find out more about this promotion by following this link, http://www.nsacct.org/membership/join-nsa. Or pick up the phone and call me directly at 360-794-1040. I welcome the opportunity to talk to you.


Practice Managment



We have a large yard with a variety of plants. One of my favorite plants in the garden

is the grape vine. A grape vine is a very fast growing and beautiful plant. They love to grow wrapped around anything near them, and they will reach out to climb nearby trees, fences or anything stationary. If left unattended the vine will aggressively grow covering everything surrounding the vine, but vine will produce very little fruit. What the vine needs is to be aggressively pruned, removing almost all of the canes from the main vine, forcing the plant to produce the beautiful grapes we all desire. You can almost never over-prune the vines.

Our accounting practices are very similar to the grape vine. If you do not prune the practice it will take over every free moment you have, sucking the fun out of the accounting practice. As you are reviewing your client list to send out tax organizers, it is a good time to begin pruning the non-productive clients. This will give the clients plenty of time to find another accountant. The question is how many clients and who do I cut? The number of clients you prune is up to you. Who should be cut can be a subjective calculation. The following is a list I use:• Clients no one in the office likes to call. I do not want clients that I do not enjoy being around.

• Clients who are not reporting all their income. They are untrustworthy and become problems.

• Clients that are not following my advice. There are many penalties applied to tax preparers for inaccurate tax returns. I cannot afford to continue to service clients who are not listening.

• Clients that are slow paying, not timely providing information to me, not providing accurate information and not taking responsibility for their situation, are gone. Even if they owe me money, I’m just burning time and not getting paid for it.

• Clients that I am not making money on. Either I need to increase their fee, delegate the client to someone else in the office or they need to become someone else’s problem.

The downside to pruning the above clients from your practice is you will have fewer clients and work fewer hours. Recapture some of these hours by investing the hours in your top clients. I have always found that my top clients have more work for me to do. Perhaps you can invest the freed up hours in the community working on something larger then yourself. Who knows, you may find additional clients that you enjoy. Invest the extra hours in WAA and develop your leadership skills. Invest these extra hours learning a skill in your profession; this will increase your value to your clients.

One caution to pruning is not prune out of spite or anger. I had a client who was a little slow in paying, and who became very demanding. I was ready to fire the client and free up my time. Prior to doing this I went over my past year’s billings and money I received from the client. I determined that this was my second largest client, and he provided me very interesting work. I sent a party basket to the client instead. This client became a good friend and we still keep in touch long after his business closed. I am so glad I took a second look.

Good luck on your pruning this season.

Bob McKinley, CPA
Robert P McKinley, CPA, PC
[email protected]


In Memorial


In September Spokane Chapter and Washington Association of Accountants lost two cherished members: Raymond Lukes and Curt Wasson. Both men were State Presidents of Washington Association of Accountants.

Raymond Lukes was a founding member of the Washington Association of Accountants, and served as the Association’s 4th State President serving in 1974-1975. This was the beginning of WAA and a time when the State of Washington was wanting to limit the use of the title “Accountant” to Certified Public Accountants. Ray’s accounting practice was located in Spokane, founded in 1966, he worked in the practice until he retired in 1999. His son Kelly continues the practice.

Curt Wasson was the 22th State President (1992-1993). During this time the Association was at a membership high of 600 members. After serving as President, Curt was a faithful member at the local chapter, state board meetings, even though he was not a board member. Curt served as Spokane Chapter President several times, many times stepping in when no one was willing to serve. At one point Curt had a perfect record of attending State Conventions. Curt was always willing to lend a helping hand. When a member died unexpectedly, Curt unselfishly went up to his office to complete some tax returns for the member’s widow.

Please enjoy the obituaries of these two great men.

Bob McKinley, CPA
Robert P McKinley, CPA PC


 Raymond (Ray) Joseph Lukes

March 26, 1930 - September 10, 2014


 Raymond (Ray) Joseph Lukes passed away September 10, 2014. He was born March 26, 1930 in Great Falls Montana to John & Lily Lukes. Ray served in the Armed Forces from 1951-1953 where he received Combat Infantry Badge, United Nation Service Medal and Korean Service Medal. After returning from the Armed Forces he attended Kinman Business University earning a degree in Professional Accounting. The Ray Lukes Accounting Firm was established in 1966 where he enjoyed working for his clients until retiring in 1999. During his career he was enrolled to practice before the Internal Revenue Service, a Licensed Public Accountant and he was elected into office to serve as the President of Washington State Association of Accountants during 1974-1975. His favorite activities were to be with his family and friends at the lake, camping, fishing and hunting. Dancing was another favorite for Ray, he belonged to The Elks and Eagles Clubs where he made many life long friends and had many fun years of dancing. A devoted and loving Husband of 64 years, a wonderful Father of four children, Grandpa to several Grandchildren, Great Grandpa and best friend to many, Ray will truly be missed. He is survived by his wife Elaine, son Craig & Kim, son Kelly & Marilyn, daughter Kathleen & Dan, son Todd & Cheri. Grandchildren: Michael & Janell, Dana & Jim, Janine & Silas, David & Heather, Joe, Jack, Jordan & Chelsea, Jason, Adam. Great Grandchildren: Jace & Nathan. A Memorial Service will be held at Advent Lutheran Church 13009 E Broadway Ave Spokane Valley, WA on Sept 18, 2014 @ 11:00 a.m. followed by services at the Washington State Veterans Cemetery, 21702 W Espanola Rd, Medical Lake WA. Memorial contributions can be made to Hospice of Spokane or Advent Lutheran Church Spokane Valley WA. 


Curtis G. Wasson

(Age 62)


Curt passed away September 11, 2014 at Sacred Heart Hospital with family members at his side. He was born in 1951 to Paul and Emma Wasson. A graduate of Gonzaga Prep and Gonzaga University, Curt worked as an Accountant. He lived a life of service to others through the WA Association of Accountants, Habitat for Humanity, Martin Luther King, Jr. Outreach Center, Diocesan School Board, Sacred Heart Eucharistic ministry, Spokane Realtors, area Lions Clubs and Knights of Columbus. Longtime season ticket holder/supporter of GU men’s and women’s basketball and the Bulldog Club. He was a big sports fan and took great pleasure in joining the GU ‘old-timers’ for luncheons, having coffee each week with classmates from Prep, and his longtime friendship with the Jesuit community. Survived by his children and their spouses: Curt Wasson and Randy Main, Kristen and Dan Magar, and Kyle Wasson; their mother, Colleen; his siblings Paul (Monica), Patricia (SNJM), Geralyn, Ron (Andrea) and Vince Wasson, Phyllis Okello, Sue (Jeff) Kramer, Mary Rose Hawkins, and Barbara (George) Cheathem; numerous nieces and nephews. Preceded in death by his parents, a brother-in-law and nephew. Vigil service will be Monday, September 15 at 7:00pm at St. Francis of Assisi Catholic Church, 4420 N. Jefferson St. Funeral Mass will be celebrated Tuesday, September 16 at 11:00am, also at the church. Inurnment will take place at Holy Cross Cemetery, 7200 N. Wall.


Chapter News

Greater Seattle Chapter

by Lauren Vignec

Instead of our regular December meeting, the Seattle chapter is having a student/professional holiday mixer in the U-District. Join us as we celebrate the past year and prepare for the coming year. The mixer will be on December 3rd at the Watertown Hotel, 4242 Roosevelt Way NE, starting at 7 PM. 

In January we have Mark DeVore speaking on Data Breach and in February Bob Fairbrook will talk to us about retirement plan compliance. 

We'd like to give a special thanks to John Marshall, who spoke at our November lunch without any advance warning. Great job stepping up under some unusual circumstances.


Northwest Chapter

by Ronnie Wright

The Northwest Chapter completed a wildly successful Mini-Seminar at the Best Western Plus in Mount Vernon on IRS Audits and Offers-In-Compromise, on Wednesday, November 19, 2014 from 9:00 AM to 1:00 PM. A former colleague and I from the IRS provided great tips and tools for both an IRS Audit and the Offer-In-Compromise process, which will help you to thrive and not just survive the experience.  This same seminar was put on in Tacoma, WA and the feedback was very positive.

Tis the season, and the Northwest Chapter’s Annual Christmas Party is set for Saturday, December 12, 2014 to begin at 6:00 PM at Il Granaio Restaurant in Mount Vernon, WA, this event is ALWAYS a success and we would love for you to attend.

Upcoming Chapter education for December 2012 - Identity Theft by the Internal Revenue Service. We look forward to seeing you ALL at an upcoming meeting, and from all of us on the Northwest Chapter Board, we wish you a Merry Christmas and a Happy New Year!
If you are interested in any of the above topics or events, please feel free to contact me directly at: [email protected]

Puget Sound/Tacoma Chapter

by Shawn Gagnon

It might be cooling down outside but it’s heating up at the Puget Sound Tacoma Chapter of WAA. Our mini-seminar on IRS Audits and Offers in Compromise was a huge success. Following that, our October chapter meeting was full of WAA members interested in the legal nuances between LLCs and Corporations.

Our December chapter meeting will not disappoint and will be fun, fun, fun. The December chapter meeting is scheduled for Tuesday, December 9, 2014 at 7 am. This is a “do not miss” meeting. Our speaker, Bryan Nelson, of Vista Managements Solutions, Inc. will share and entertain us with his insights on personality styles and how they affect communications in the workplace and at home.

That’s not all…………..there is more……………….we will be have a fast-paced auction of some wonderful gift baskets (full of goodies) to help raise money for our scholarship fund. Be sure to bring cash and checks and be ready to bid. We look forward to seeing you all there.


Spokane Chapter

By Lynnette Heidenreich


In November the Spokane Chapter had a very busy month. In addition to our monthly meeting we had a well attended BISK study group and a fantastic mini seminar. The mini seminar “All things Estates and Trusts” was attended by 52 people. Our speaker, Paul Smart, CPA not only worked through real world scenarios and situations he provided us with over 200 pages of resource information. Thank you to both Paul Smart for presenting and Patricia Brents for putting the event together.

Our meeting for December will be the 3rd Tuesday instead of the 2nd Tuesday because of a conflict with the Gear Up seminar. The monthly meeting will be held on December 16, 2014. Our speaker will be Melissa Sharp with the Department of Revenue speaking on alcohol and marijuana taxation. Our new meeting location is; Centerplace, 2426 N Discovery Place, Spokane Valley, WA.

Our next BISK study group will be held December 17, 2014 at Wayne Vinson’s office, 2132 W Northwest Blvd, Spokane WA. All members are invited to attend. The BISK study materials are on the WAA website for downloading or saving.

Save the dates, December 8th and 9th, for our upcoming Gear Up seminar. It will be held at the Lincoln Center. I look forward to seeing everyone.

Get out and enjoy the beauty of the Spokane area and have a blissful Holiday Season!


Washington Association of Accountants l P O Box 748, Liberty Lake, WA  99019 l 509-933-2307 l [email protected] l www.waa.org