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Huddleston Tax CPAs | Accounting Firm In Seattle

Huddleston Tax CPAs | Accounting Firm In Seattle

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December 16, 2022 By john

Stocks Falling As 2022 Winds Down

The stocks falling have extended the market losses, causing America to edge ever closer to its debt ceiling. Many people in business await the Federal reserve's subsequent plans to stabilize inflation.Among the stocks that fell, the S&P five hundred fell by 1.4%, making it the fourth drop.

Filed Under: News

a stack of bitcoins on a black wallet

December 9, 2022 By john

How do you Tax an NFT? Taxation and Crypto

Cryptocurrencies, such as Bitcoin and Ethereum, have been on the rise recently, with more people investing in them and businesses accepting them as payment. With this rise in popularity, there has been a lack of clarity around how crypto should be taxed in the US due to regulatory confusion.A

Filed Under: cryptocurrency

laptop open to a ecommerce site

December 2, 2022 By john

Sales Tax Rules for Online Sellers

Several states mandate businesses to charge and collect sales tax from their customers. Generally speaking, the onus of collecting and remitting sales taxes lies squarely on the shoulders of business owners in states that impose such levies. Online retailers in some states are exempt from collecting

Filed Under: Taxes

a house with a two red cars parked outside and solar panels on the roof

November 25, 2022 By john

The Federal Solar Tax Credit for Homes in the United States

The government of the United States encourages its citizens to utilize solar power energy to reduce climate change brought about by the excessive emission of greenhouse gases into the atmosphere. This has resulted in the government offering tax reliefs and tax credits to individuals, firms,

Filed Under: Taxes

November 18, 2022 By john

Is My Inheritance Taxable?

When you receive assets from your parents that come from their estate, this is considered a taxable event. It may seem like there are no taxes due on the purchases you receive if your parents were exempt from income tax, but this is not the case. If your parents' estate is valued over the exclusion

Filed Under: Taxes

November 11, 2022 By john

How Are Bonuses Taxed And How To Lower Tax Liabilities

Bonuses are taxed as income, and the IRS will work hard to identify the amount you received. There are several tax deductions that you can claim in order to reduce your tax liabilities.Since bonuses are taxed as income, they must be included in gross income before any allowable deductions and

Filed Under: Taxes

solar panels against a clear blue sky

November 4, 2022 By john

Solar Tax Credits

The cost of home energy and electricity has risen across the country. It means most people are switching to solar energy, which benefits the user and preserves the environment. Once you install solar panels in your home, it will take several years before you have to service them. Solar panels have

Filed Under: investments

low angle view of Seattles space needle

October 28, 2022 By john

The Seattle Housing Market Has Officially Cooled

Seattle’s housing market is one of the most interesting in the country and has always been a bellwether for the national housing sector. Its sharp decline and subsequent rebound over the last two decades has occurred in lockstep with trends elsewhere, but Seattle is not following suit this time. The

Filed Under: Real Estate

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