Do you have to file taxes for your first year in business?
Do you have to file taxes for your first year in business? Filing business taxes in the first year of business: You’re a new business owner, wondering if you need to file taxes for your first year. The answer is: it depends. There are a few things to consider when it comes to filing income […]
How much should you pay a bookkeeper in Seattle?
How much should you pay a bookkeeper in Seattle? Paying a bookkeeper in Seattle would depend on a few factors, such as the size and complexity of your business and the level of service you need. Bookkeeping services for small businesses typically cost $300 to $2,000 per month. Pricing also depends on the type of […]
The Essential Guide to Launching a Successful Business as a Woman Entrepreneur
The Essential Guide to Launching a Successful Business as a Woman Entrepreneur According to a report by Fortune, women now own one-third of all businesses in the United States. And more and more women are behind the launch of successful businesses across the country. But starting a business is no small feat. It takes a […]
What am I allowed to write off for my small business?
When you're running a small business, there are a lot of expenses that you can write off on your income tax return.
What is the best tax planning software for small businesses?
The best tax planning software for small business needs depends on your need. Learn the options available to businesses.
How long does it take a tax preparer to do your taxes?
It usually takes an accountant around 13 hours to do taxes, but this can vary depending on the complexity of the return, your specific tax situation, and how many years you're amending.
Do LLCs pay business taxes in Washington state?
LLCs are subject to business taxes and occupation (B&O) tax. This is a gross receipts tax calculated on the income from all business activities. Read More.
How to Do Payroll in Washington State
Payroll in Washington State requires small business owners to withhold, report, and pay payroll taxes to the state government. This process can be complicated, but we’re here to help. This step-by-step guide will show you how to do payroll in Washington state so that you can keep your business compliant and avoid penalties. Payroll in […]
The Worst Case Scenario: What Happens if You Settle With the IRS
When it comes to your taxes, you have three options: 1) pay what you owe, 2) file for an extension or 3) settle with the IRS. So…which one should you choose? If you’re considering settling with the IRS, you need to be aware of the consequences. This post will outline the worst-case scenario if […]
Make Tax Day a Breeze With This Simple Checklist
Tax season is definitely not my favourite time of year. In fact, it’s probably up there with root canals and jury duty as one of the least fun things I can think of. But it doesn’t have to be a total nightmare. If you have a plan and a checklist, it makes the process a […]