There's a perfectly reasonable question that comes up every tax season: My employer already took money out of every paycheck. They sent it to the IRS. The IRS knows how much I made. The IRS knows how much money was withheld. So...why can't the government just do the math? It's
Rental Property Write-Off Limits in Seattle
Seattle's rental market can be attractive to real estate investors, but owning a rental property also means navigating a tax system with plenty of rules about what you can deduct, when you can deduct it, and how much of a rental loss you can actually use. The good news is that rental-property
Do You Need a Lawyer to Form an LLC?
Starting a business comes with a seemingly endless list of things you have to figure out. Choose a name. Buy a domain. Open a bank account. Get an EIN. Figure out accounting. Maybe build a website. Maybe convince your family that, yes, this is actually going to work. And somewhere in that pile
Who Qualifies as a Dependent on Your Taxes?
These sound like straightforward questions. Unfortunately, the tax code has a tendency to turn “Who lives with whom?” into a surprisingly complicated series of tests involving relationship, age, residency, income, support, custody and sometimes even the number of nights a child spent in your
10 Tax Tips for Sole Proprietors
Being a sole proprietor is one of the simplest ways to start a business. You don't have to create a separate corporation, issue yourself a paycheck, or maintain a complicated corporate tax structure. But "simple" doesn't mean "hands-off" when it comes to taxes. As a sole proprietor, your
Can Your Business Buy a Car? How Entrepreneurs Should Finance and Deduct a Business Vehicle
At some point, a lot of entrepreneurs reach the same realization: “I'm driving to see clients constantly. I think I actually need a car for the business.” Maybe you're visiting customers, traveling between job sites, meeting prospects, hauling equipment, or simply putting a ridiculous number
1099-K Forms: What you Need to Know about Online Payments
Tax season can feel overwhelming, especially when money moves through a growing number of online payment platforms and marketplaces. If you've been using services like PayPal, Venmo, eBay, or other payment apps to sell goods or provide services, you may encounter a Form 1099-K among your tax
The Largest Tax Package in Washington History
Washington State has enacted significant tax reforms under Governor Bob Ferguson's Washington's tax landscape has changed significantly over the past year. Several tax changes passed by the Washington Legislature in 2025 are now in effect, including changes to the state's Business &