Gartner is projecting worldwide IT spending to jump by 9.3% in 2025, one of the largest percentage increases in this century, and it’s only partially driven by AI. Gartner’s new 2025 IT spending projection, of $5.75 trillion, builds on its prediction of an 8.2% growth this year, with data center spending increasing by nearly 35% … Read more
The cities of Renton, Seattle, SeaTac, and Tukwila recently announced their new minimum wage rates that go into effect on January 1, 2025. Unincorporated King County has not yet announced its new minimum wage rate, but we will keep members informed when the new rate is released. Renton … Read more
Recent reports indicate potential hikes in Capital Gains Tax (CGT), which could significantly hit UK landlords. The Labour Party has suggested raising CGT rates to align with income tax rates, which could mean a jump from 18%-24% to as high as 40% for higher earners. For landlords, this change could severely erode their profits, especially … Read more
The state of Washington has announced increases to the minimum wage rate and the exempt salary thresholds for employees, effective January 1, 2025. These increases impact several state wage requirements that you’ll want to be aware of if you have employees in Washington. The cities of Bellingham and Burien … Read more
