Small business taxes
Returns for sole proprietors, partnerships, S corporations and C corporations, with Washington's B&O and sales tax filings kept on schedule.
A small business pays tax in more places than a household does: a federal return for the business or on your own return, Washington's business and occupation tax on gross receipts, sales tax collected from customers, and payroll taxes if you have staff. Each has its own forms and dates. We keep track of them for you.
The right structure
Sole proprietorship, LLC, partnership, S corporation or C corporation: the choice changes how much self-employment tax you pay, how you pay yourself and how many returns you file. We look at your profits, your plans and your appetite for paperwork, and recommend the simplest structure that fits.
Washington's business taxes
Washington has no income tax on businesses, but it taxes gross receipts through the B&O tax, at rates that depend on what you do: selling goods, providing services or manufacturing. Most businesses also collect and file sales tax, with rates that vary by location in the state. We file both on the schedule the Department of Revenue gives you, monthly, quarterly or yearly.
Planning before December
The best tax savings happen before the year ends, not when the return is prepared. Each autumn we sit down with our business clients to look at the year so far, the timing of big purchases, retirement contributions and what to set aside for April.
This page is general information about US and Washington taxes, not tax advice for your situation. Tax rules change every year; a meeting is where we look at yours.