Budgeting Made Easy

 
 
budgeting infographic

Budget Template

Budgeting is a powerful tool that helps you navigate and anticipate, arming you with a more grounded and controlled approach. A solid budget will help you manage your business month by month instead of being surprised when December comes.

Try our budget template here - but remember, Clarity is always around for one-on-one consulting if you need a hand or a nudge.

 
 

Cheat Sheets

 

2024 Federal & State Updates

Make sure you’re up to date on these financial changes beginning Jan 1st, 2024.

  • WA minimum wage increases to $16.66 per hour

  • If you have up to 50 employees, you must pay overtime exempt workers at least 2 times the minimum wage: $69,305.60 a year

  • Standard mileage rate remains 67 cents per mile

  • 401k limit increases to $23,500 per year

    • Individuals over 50 can contribute an additional $7,500 per year = $31,000

  • IRA contribution limit remans $7,000 per year

    • Individuals over 50 can contribute an additional $1,000 per year = $8,000

  • HSA contribution limit (employer + employee) increases to $4,300 for individuals and $8,550 for families (pre-tax)