Running a business means handling lots of things—sales, staff, supplies. But when it comes to business tax, it’s one task you can’t afford to skip. In 2025, filing business taxes the right way can help you stay out of trouble and save money. At Dreis Accounting Services, we help make taxes clear, simple, and stress-free.
Let’s start with what business tax is. It’s money your business pays to the government. This can be based on the money you earn, what you sell, or how many people you employ.
Here are a few types of business taxes you might need to pay:
The purpose of business tax is simple: to help fund public services. In 2025, changes in deduction rules may affect your tax return, so it’s good to stay updated.
If your business is in Washington, there are some unique taxes to know:
Washington doesn’t charge income tax like other states. Instead, it charges a B&O tax. This is based on your gross income, not profit.
If you sell goods or services, you may need to collect sales tax from your customers. The rate depends on the location.
Besides state taxes, all businesses in Washington must file federal income tax. This includes self-employment or corporate income tax.
Different business setups have different rules:
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Knowing your entity type helps you figure out which business taxes apply.
You can’t just file whenever you want. Missing deadlines can lead to penalties.
File Form 7004 (business) or Form 4868 (individual) for more time. But remember—extensions don’t delay payment.
Here’s a full breakdown of how to handle business tax filing in 2025:
Start with your receipts, invoices, 1099s, bank records, and bills. Keeping everything organized makes filing easier.
Use tools like QuickBooks to check your numbers. Everything in your records should match your bank.
Look for what you can deduct:
Match the forms to your business setup. Pick how you want to file—online, paper, or with help.
Figure out how much you owe. Don’t forget the federal and state parts. Pay by credit card, ACH, or mail.
Don’t wait until the last minute. If you need more time, file an extension early.
Keep your tax returns, receipts, and statements for at least 3 years. If you get audited, you’ll need them.
Good tools save time and lower mistakes. Here are a few:
These tools keep you on track and make tax season smoother.
Even small mistakes can lead to big problems. Avoid these common errors:
Getting help from a pro can stop these from happening.
We’re more than just a tax firm. Here’s how Dreis Accounting Services helps your business:
We keep your taxes simple, clean, and on time.
Business taxes don’t have to be a nightmare. Start early. Use the right tools. And if you need help, Dreis Accounting Services is ready to step in. Taxes aren’t just about paperwork—they’re part of running your business the smart way in 2025.
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