Categories for tax planning

Washington Cares Fund

Should Your Employees Opt Out of the Washington Cares Fund?

by | July 28, 2021

You’re probably aware that Washington State is the first in the nation to implement a state-run long-term care trust to provide funds to residents to cover long-term care costs under the Long-Term Services and Supports Trust Act (“Washington Cares Fund”). We previously shared the details of the Act in one of our latest blogs. The... View Article

Preparing for Proposed Tax Changes

Preparing for Proposed Tax Changes

by | June 23, 2021

Tax changes can add an unwavering complexity, but proper timing and good advisors can keep you ahead of proposed tax changes. Trying to do your own taxes is not a simple endeavor, and as a business owner, it’s even more complicated. You’re not only concerned with payroll taxes or income taxes; you’re also concerned about... View Article

capital gains tax

Planning for Washington’s New Capital Gains Tax

by | May 10, 2021

In late April 2021, Washington state lawmakers approved a new capital gains tax that takes effect on January 1, 2022. The bill imposes a 7% tax on long-term capital gains exceeding $250,000, such as on profits on the sale of stocks, bonds, and businesses. Supporters of the capital gains tax see it as a solution... View Article

Business Coffee

Top 5 Business Areas to Focus and Plan for 2019

by | December 3, 2018

Although we are often distracted at this time of year by fun family gatherings, vacation time, and holiday cheer and events, businesses often take this time to ensure they are ready to start the new year strong.  Below are several areas we suggest businesses evaluate as they plan for a successful year: Financial goals.  Your... View Article

Shahar Plinner Interview

Pre-FOCUS Event Interview with Shahar Plinner

by | October 1, 2018

Q: If a business owner takes one piece of information from this event home with them, what is the most important? Shahar: Taxes are not a “Dead End.”  Planning and Financial maintenance is like health care. If you are proactive and take good care of how healthy and clean the business is – it will... View Article

BASICS OF THE SEATTLE SICK LEAVE ORDINANCE

by | February 6, 2012

The Seattle Paid Sick Time and Paid Safe Time Ordinance goes into effect on September 1, 2012.  The Ordinance will require that employers with more than 4 full time equivalent employees provide to employees who work in Seattle specified amounts of accrued, job-protected paid time off for personal illness, family care and other purposes. Every... View Article

TAX UPDATE: WRAP UP

by | January 30, 2012

Our Equinox Focus Event last week “Tax Update: What You Need to Know for 2012 (and 2011, too)!”  was quite a success with raves from our participants.   I wanted to share some of my key takeaways from the program. –  Pre-Opening Costs.  For folks starting or launching a business, certain pre-opening costs are tax deductible.  In... View Article