Instead, the Washington Department of Revenue levies about 60 different taxes and fees, such as business and occupation (B&O), sales and use, property, and industry-specific taxes. “The lack of personal income tax in the state is attractive from an employment point of view,” said Kristen ...
Another important factor to consider: States where nonresidents are allowed to incorporate businesses will also have a higher ratio of small businesses to residents since not all small businesses are actually operated by people living in that state. Taking a close look at the type of counties that...
I had a huge tax debt coming out of two marriages. I had never had back due taxes before. My CPA told me there was nothing I could do and I would have to pay it. I found Washington Tax Services online, watchedJay Freeborne's videoand was pretty impressed. He and his team are ext...
TheLaw Offices of Martin Silver, P.S.provides a full range of tax dispute resolution and tax negotiation services for small- and medium-sized businesses, and for individuals, who are undergoing audit, appeal or collection activity by the Washington State Department of Revenue or the IRS. He is...
it has been home to a diverse array of individuals who have left a lasting impact on the world stage. From pioneering leaders and innovative entrepreneurs to celebrated artists and accomplished athletes, the Granite State has produced a remarkable roster of famous sons and daughters. In this artic...
Washington State Disability Insurance (SDI) None Local Taxes None Washington State Minimum Wage Washington State Minimum Wage :$16.28per hour, since 2024 Washington State Labor Laws Washington Termination Pay : Employee is fired — end of pay period ...
Business taxes, prepared and filed for you. Maximum savings guaranteed. Navigating payroll can be a headache, but not with us. We provide state-specific tax advisory and financial services to ensure compliance and save you time and money. ...
How do LLC state taxes work in Washington? Washington does not levy personal income or corporate taxes on in-state LLCs. However, all businesses in Washington are subject to a 0.471% business and occupation (B&O) tax, and those engaged in retail are subject to a 6.5% sales tax. ...
The state additionally prohibits certain words and combinations of words from appearing in LLC business names. You can’t use words that would suggest your limited liability company is a financial institution, like “banker,”“banking,”“trust,” or “cooperative.” You also can’t combine the...
Stan Veuger, Ph.D., is an economist and resident scholar at theAmerican Enterprise Institute. This article draws heavily from his recenttestimonyon the state of the small business economy before the House Financial Services Subcommittee on Small Business. ...