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Huddleston Tax CPAs | Accounting Firm In Seattle

Huddleston Tax CPAs | Accounting Firm In Seattle

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August 12, 2022 By john

Creating A Retirement Plan When You’re Self-Employed

When you are self-employed, retirement planning can feel like an afterthought. It's easy to feel like there aren't enough hours in the day to tackle everything you need to do as an independent business owner. Even so, creating a solid retirement plan is essential. A strong retirement plan can help

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August 5, 2022 By john

How to Survive During an Economic Downturn

When an economic downturn happens, it can have a significant impact on people’s lives. Financial hardship caused by a recession can affect your ability to meet basic needs like housing, food, and fuel. We all know that bad times won’t last forever, but what can you do if you're facing financial

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a braided rope with one loop

November 5, 2021 By john

Tax Loopholes to Keep in Mind this Season

Tax laws in the United States are complex and it's one of the many reasons there are as many tax loopholes that are. However, it's also why myriad taxpayers wind up paying more money than they need to and why it's advisable to enlist the services of an experienced financial advisor to maximize your

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a digital fingerprint being scanned

August 13, 2021 By john

What are the basics of Forensic Accounting?

When you turn on your news, if it's not a disaster or politics (or both), there's often a news story about fraud. Be it robocalls, phishing emails, or hacks into large companies data/privacy. With the advent of the internet, it has become far easier for scammers and criminals to commit fraud as the

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May 28, 2021 By john

Seattle Business and Occupation Taxes

You do not owe general business and occupation (B&O) tax if your annual turnover revenues were below $100,000 in Seattle. Though you don't owe tax, it is a requirement to file your returns and report to Seattle B&O even in the case of no activity. The Seattle permit to operate charge is

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March 26, 2021 By john

Why A CPA Specializing In Construction Is A Must For Your Business

Construction businesses -- especially in Washington -- are a dime a dozen, but startups are at risk. While they're some of the most common businesses, they have a tendency to have a much shorter lifespan (according to a recent study). Because of this, construction businesses soar need someone

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doctor's hands typing on laptop next to a stethoscope on their desk

November 27, 2020 By john

Type of Accounting Needed for Small to Medium Medical Practices

Most medical professionals prefer dealing with patients than handling the accounting and finance department of their practice. Accounting and finance are an important part of any business entity's success, hence, the need to find accounting assistance. Below are types of accounting that medical

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stocks rising and falling showing assets.

June 26, 2020 By john

Accumulated Depreciation vs Depreciation Expense

Accumulated depreciation is the sum of all depreciation expenses on a company’s assets (sum of the value that assets lose since they start operation). On the other hand, depreciation expense is the degree (in value) to which a machinery, equipment, or tool depreciates over the period of time (say a

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