Categories for tax planning

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

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

State Audit Focus: Unpaid Sales/Use Tax

by | January 18, 2012

Our guest blog post this week is from Connie Lewis at CliftonLarsonAllen.  Connie’s practice focuses on state and local tax matters. We are seeing more Washington Department of Revenue audits with our clients as the state attempts to meet their budget needs.  One area typically overlooked is the sales/use tax paid on items you use... View Article

Tax Update: Small Employer Health Care Credit

by | January 10, 2012

Our guest blogger this week is Mary Marino, Partner at Clifton Larson Allen.  Mary’s practice specializes in planning and compliance for closely-held businesses and their owners.  Mary will also be our guest presenter at our upcoming Equinox Focus Event on January 25. There is a potentially lucrative tax credit that applies for the six year... View Article

Some Legal Matters in Tax…

by | January 4, 2012

Although it seems early, January is the start of tax season… Now’s the time to begin conversations with accountants about last year’s business activities and plans for the current year. It’s time to pull together documentation to support deductions and gather 1099s. Most of the work here is done with your accountant and CPA. From... View Article

Bring in the Next Generation

by | December 13, 2011

Our guest blog post today comes from Kris Gray, Founder and Director of Business Financial Planning, and Jodi Giles, Director of Legacy Planning, at Integrity Financial Corporation. They share why the current lifetime gifting limits make now an ideal time to transfer ownership to the next generation in a company. Small and medium sized family... View Article