Huddleston Tax CPAs | Accounting Firm In Seattle

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Is Every Donation Tax Deductible?

Many believe that every donation to a charity is tax deductible. In actuality, there are charitable organizations which are not tax-exempt, and donations to these types of organizations are not tax deductible. The IRS offers a database of organizations so you can see if donating to a specific

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How to Get a Head Start on Next Year’s Taxes?

Getting a head start on the next tax year helps relieve some of the stress of preparation. Below you’ll find a list of the some of the steps you can take to be extra prepared for the next tax year. Make Valid Predictions While you cannot predict the future, you can predict what may change

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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

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5 Things You Need to Know About Taxes in Your Twenties

Very often people don’t learn much about taxes until their twenties. This is usually because most people don’t get their first “career job” until they reach their twenties. Here are five things you should understand about taxes during this critical decade. 1. Refunds Don’t Necessarily Indicate

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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

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What You Need to Know About Form 1095

Obamacare saw the healthcare system change forever. It also came with three new tax forms. The 1095 family of tax forms is there to determine if you need to make any shared responsibility payments. This is the fee you have to pay if you don’t have a valid health insurance policy. If you already

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Tax Prep Checklist

Preparing your taxes will be one of the most stressful courses of action you will take this year. Tax preparation becomes much easier when you have a list of exactly what you need. This guide will show you what you need to look at when it comes to preparing your taxes for this year. Do You Have the