Starting a business is challenging, but marketing that business effectively can be even more daunting. As a new business owner, you're not just selling a product or service—you're telling a story, building a brand, and creating connections that will drive your success. This guide will walk you
Business Development 101: A Roadmap for Small Business Growth
As a small business owner, you've already conquered the most challenging step: starting your venture. But now comes an equally important mission—growing and sustaining your business in a competitive marketplace. Business development isn't just a buzzword; it's the strategic engine that transforms
A Strategic Guide to Income Property Investments for LIHTC
For savvy investors living in the high-cost Pacific Northwest, exploring income properties in government-subsidized housing represents a nuanced investment strategy that can provide significant financial benefits while navigating complex tax situations. The Government Subsidy Advantage: More Than
The Benefit Detriment Theory: Hammer vs Sidway
Contract law is continually evolving so courts can decipher the purpose and intent of these contracts. This is where the benefit detriment theory comes in. A substantial agreement must exist and the parties must have freely intended to be legally bound. For instance, if a client offers your
Rent Deductibility: What Entrepreneurs Need to Know
As a startup accounting firm nestled in the heart of Seattle, we've fielded countless questions about business expenses. One of the most common? "Is my rent tax-deductible?" The short answer: It depends. Let's break down the nuanced world of rent deductions. The WeWork Scenario: Office Space
Small Business Booming in Seattle (especially in U-District)
UPDATE NOV 2024: The information provided about Seattle's business landscape in 2023 remains relevant in 2024, albeit with some nuances. While the pandemic's immediate impact has lessened, its long-term effects, such as the rise of remote work and the shift towards digitalization, continue to shape
Bailey V Drexel Furniture Co. & the Child Labor Tax Law of 1919
To most contemporary Americans, exploitative child labor practices seem like an ancient, prehistoric phenomenon far removed from the context of advanced civilization. But, crazy though it sounds to modern ears, such practices have occurred in the not too distant past of our society. In fact, our
Seattle’s New Capital Gains Tax and the Implications for Real Estate
Seattle's housing and homelessness crisis continues to escalate, prompting bold action from city officials. In a recent announcement, City Council member Cathy Moore proposed a new city-level capital gains tax to bolster housing and food assistance programs. This move is aimed at addressing a