For many Americans, one of the biggest frustrations with taxes is this: “If I’m paying thousands in federal, state, and local taxes each year, why isn’t my healthcare fully covered?” It’s a fair question, especially for employees whose employers don’t provide health insurance benefits. The truth
Are Physical Therapy Expenses Tax Deductible?
Physical therapy can play a crucial role in recovery after an injury, managing chronic pain, or improving mobility for people with disabilities. But when tax season arrives, many taxpayers wonder: can physical therapy costs be deducted on my tax return? The short answer: yes, physical therapy
How To Value A Startup?
No matter your industry or business model, if you’re launching a startup, there’s a good chance you’ll need outside investment to grow. And when it comes to attracting investors, one of the most persuasive tools you have is your valuation. Investors want to see numbers. A well-supported startup
If Your CPA Claims False Deductions & What To Do About It
Hiring a CPA is supposed to bring peace of mind. After all, taxes are complicated, and many taxpayers (be they individuals or small business owners) turn to professionals for accuracy, compliance, and the chance to minimize liability legally. But what happens when your CPA claims deductions you
How to Report Merchandise Returns When the Return Falls in a Different Quarter
As a Washington State business owner — especially if you're operating as an LLC — you're likely familiar with filing quarterly Sales & Use Tax Returns. But what happens when a customer returns merchandise in a different quarter than when the sale was originally reported? This is a common
What’s a Good EBITDA Margin for a New Medical Practice?
When launching a medical practice, understanding your financial benchmarks is essential—especially your EBITDA margin (Earnings Before Interest, Taxes, Depreciation, and Amortization). This metric reflects the profitability of your operations before non-operational expenses and can help you measure
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
Real Estate Tax Strategy: Cost Segregation, Accelerated & Bonus Depreciation
For real estate investors and commercial property owners, understanding how to maximize depreciation can be the difference between a marginal investment and one that delivers outsized returns. Three tax strategies stand out in this space: When used together, they can significantly reduce