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Huddleston Tax CPAs | Accounting Firm In Seattle

Huddleston Tax CPAs | Accounting Firm In Seattle

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Taxes

September 27, 2016 By john

The Basics of Balance Sheets

The world of finance can be a bit complicated at times, in part because financial professionals often have an interest in portraying matters to be more complex than they actually are. However, one of the more straightforward items in finance is the balance sheet. Put simply, a balance sheet is a

Filed Under: Taxes

May 31, 2016 By john

The 3 Most Common Scams Aimed at Tax Professionals

Taxpayers are not the only ones who fall victim to scams by criminals during tax season. Professionals who prepare taxes can also be made victims of scams which target them for money. For this reason tax professionals need to be educated about the most common scams aimed toward them. Below is a list

Filed Under: Taxes

May 20, 2016 By john

What are the Penalties for Filing a Late Tax Return?

Having to file a tax return late is always a tough situation. The extra fees can be steep and the longer you wait the more in danger you are of being subject to the failure-to-pay penalty. However, if you find yourself in this position it’s important to know what the penalties are so you plan for

Filed Under: offer in compromise, Taxes

April 4, 2016 By john

How to Grow Your Retirement Fund without Growing Your Taxes

Preparing for your retirement is the responsible thing to do. You will need to make sure that you have plenty of income available when you are done working. Retirees will also need to make sure that their retirement is not taxed too heavily once it comes time to withdraw the money. Here are some

Filed Under: Taxes

March 2, 2016 By john

The Tax Challenges of the Digital Economy

The digital age has made many things easier. Everything from checking a bank account, checking your stock values and finding a new financial institution can be accomplished with the click of a button. Even filing taxes is easier in the digital age. However, the nature of the digital age has made a

Filed Under: Taxes

February 25, 2016 By john

The Worst Tax Form

When it comes to filling out taxes there isn't much fun in the process. On every tax form, you will have to pay attention to make sure you fill out the form correctly and entirely. Many forms will also require you to look up the actual numbers to support what you are writing on the form. While many

Filed Under: Taxes

February 1, 2016 By john

Five Tax Benefits for Sole Proprietors

Sole proprietors are in a good position when it comes to tax because they have a range of benefits exclusive to them. If you are a sole proprietor and you aren’t yet claiming these five tax benefits, you are missing out on a lot of money.      Health Insurance Deductions The big benefit you have

Filed Under: Taxes

January 20, 2016 By john

Five of the Most Taxing Taxes

Paying taxes is among the most dependable parts of life. But certain taxes are more painful than others. Today we will identify and discuss the five types of tax that Americans hate the most. State Income Tax There’s nothing more annoying than having to pay tax to both your state and the Federal

Filed Under: Taxes

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