Small Business

Forget time machines – the end of the year looms, and with it, tax season's complexities. You're an entrepreneur, not a tax expert, but maximizing deductions and minimizing your tax burden is crucial. Here are three key strategies you can implement before December 31st, each requiring minimal time

The world of business can often feel transactional, focused solely on numbers and the elusive bottom line. While financial success is crucial, caring for your business is about more than just profits. It's about fostering a sense of purpose, connection, and responsibility that ultimately leads to

S corporations offer a number of advantages over sole proprietorships (visit our tax calculator to test it yourself), including the ability to avoid self-employment taxes and limited liability protection. However, many small business owners do not bother restructuring, but why? There are a

Business tax credits can help businesses reduce their tax liability. These credits are available for a variety of purposes, such as hiring new employees, investing in research and development, or expanding into new markets. Types of Business Tax Credits in Seattle The following are some of the

The COVID-19 pandemic has forced many businesses to adapt to remote work. While this has had many benefits, it has also created new challenges. One of the biggest challenges is the cost of invisible labor. What is Invisible Labor? Invisible labor is the work that goes unnoticed or

Small businesses are the backbone of the American economy, accounting for over 99% of all businesses in the United States. While many small businesses fail, many succeed as well. Here are two examples of just that: Arianna Huffington: The Huffington Post Arianna Huffington is a Greek-American

As a small business owner, you know that revenue is essential to the success of your business. But how can you increase revenue without breaking the bank? Here are a few tips: Focus on your existing customers  Your existing customers are your most valuable asset. They know your business

Early figures suggest Washington State could bring in $849 million in its first year of collecting the state's new capital gains tax. This is significantly more than the $248 million that lawmakers expected to collect. The tax, which was passed in 2021, applies to the sale or exchange of stocks,