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Huddleston Tax CPAs | Accounting Firm In Seattle

Huddleston Tax CPAs | Accounting Firm In Seattle

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Taxes

entrepreneur from behind in a parking lot staring ahead at office building

July 27, 2025 By john

Should You Hire a CPA If All Your Income Is W‑2?

If you’re a W-2 employee working in Washington State, you may wonder whether hiring a Certified Public Accountant (CPA) is worthwhile. While many CPA benefits are more typical for business owners or freelancers, W-2 employees in Washington can still gain significant advantages from professional tax

Filed Under: Taxes

placing an online sportsbet in seattle

June 29, 2025 By john

Taxes from Gambling in Washington State

Is Gambling Legal in Washington? Yes, gambling is legal in Washington—but only under specific conditions. Washington State has some of the strictest gambling laws in the country, but there are still opportunities to legally place bets. Here’s the breakdown: What's Legal: What’s Not

Filed Under: Taxes

person gripping letter from the IRS in their foyer

June 28, 2025 By john

Form 1040X: Correcting Your Tax Return with Confidence

Mistakes happen, even on tax returns. That’s where Form 1040X comes in—a powerful tool for taxpayers to correct errors or omissions in previously filed tax returns. Whether you forgot to include certain income, overlooked a credit, or made an honest error, Form 1040X allows you to set things

Filed Under: Taxes

closeup of someone's phone saying payment received for rent

June 27, 2025 By john

1099-K Forms: What you Need to Know about Online Payments

Tax season can feel overwhelming, especially with the increasing complexity of online payment platforms. If you’ve been using services like PayPal, eBay, Zelle, or Venmo, you might encounter the 1099-K form amidst your paperwork. This document is crucial for reporting certain income earned through

Filed Under: Taxes

veteran sitting on a bench, boots on and camo backpack beside them

June 22, 2025 By john

Moving Expenses and Tax Implications: Military vs Civilian

Relocating for work can be a pivotal step in advancing your career, but it often comes with significant financial considerations. While the ability to deduct moving expenses on federal tax returns has largely been curtailed for most taxpayers, exceptions remain—especially for members of the Armed

Filed Under: Taxes

a calculator atop a pile of receipts

June 1, 2025 By john

How to Avoid a Tax Audit

Whether you’re expecting a refund or preparing to pay, one concern quietly looms for many: the IRS audit. While only a small percentage of taxpayers are actually audited, it’s still worth understanding what can trigger one—and more importantly, how to reduce your risk. Here’s what you need to

Filed Under: Taxes

a calculator on a notepad with a pen

May 16, 2025 By john

Reasons To File Your Taxes Early

Many taxpayers delay filing until the April 15th deadline, assuming there’s no harm in waiting. However, filing your taxes early offers several advantages, from faster refunds to better financial planning. Here are the top reasons why you should consider filing your taxes as soon as possible this

Filed Under: Taxes

landscape view of lake with mount rainier in the background

May 4, 2025 By john

Standard Deduction: Married Filing Separately vs Married Filing Jointly

The standard deduction is a critical component of your federal income tax return, reducing your taxable income and potentially lowering the amount of taxes you owe. For married couples, understanding how the standard deduction differs between "Married Filing Jointly" (MFJ) and "Married Filing

Filed Under: Taxes

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