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Huddleston Tax CPAs | Accounting Firm In Seattle

Huddleston Tax CPAs | Accounting Firm In Seattle

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calculator resting on tax form with total to pay circled

May 28, 2021 By john

Seattle Business and Occupation Taxes

You do not owe general business and occupation (B&O) tax if your annual turnover revenues were below $100,000 in Seattle. Though you don't owe tax, it is a requirement to file your returns and report to Seattle B&O even in the case of no activity. The Seattle permit to operate charge is

Filed Under: Uncategorized

March 26, 2021 By john

Why A CPA Specializing In Construction Is A Must For Your Business

Construction businesses -- especially in Washington -- are a dime a dozen, but startups are at risk. While they're some of the most common businesses, they have a tendency to have a much shorter lifespan (according to a recent study). Because of this, construction businesses soar need someone

Filed Under: Uncategorized

doctor's hands typing on laptop next to a stethoscope on their desk

November 27, 2020 By john

Type of Accounting Needed for Small to Medium Medical Practices

Most medical professionals prefer dealing with patients than handling the accounting and finance department of their practice. Accounting and finance are an important part of any business entity's success, hence, the need to find accounting assistance. Below are types of accounting that medical

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stocks rising and falling showing assets.

June 26, 2020 By john

Accumulated Depreciation vs Depreciation Expense

Accumulated depreciation is the sum of all depreciation expenses on a company’s assets (sum of the value that assets lose since they start operation). On the other hand, depreciation expense is the degree (in value) to which a machinery, equipment, or tool depreciates over the period of time (say a

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two people directing forms with their hands

May 29, 2020 By john

What is a Schedule C Form?

So you're finally going to take that big leap and jump into the business ring. Beginning a solo business venture requires a lot of planning, especially when you consider the self-employed (or other entity selection) taxes.If you start your business this year, you will want to get ahead of the

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a person's hand filling out a form atop numerous papers.

May 8, 2020 By john

Should I File A Schedule C Form?

If you are self-employed, typically you need to file a Schedule C form. This form is required to report the income or loss of your business. Additionally, if you're a sole proprietor, independent contractor (a statutory employee), or receive 1099-MISC income, you'll need to file a Schedule C

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sorry we are closed sign hung up on door

April 24, 2020 By john

What is the difference between laying off and furloughing employees?

As these harsh economic times continue to intensify for the worst as a result of the COVID-19 pandemic, many small and large scale primary businesses are being forced to either layoff their employees, or furlough them. As of the 4th week of lockdown in several significant states of the world, close

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Man at the front of the room presenting a slideshow presentation to his employees

April 10, 2020 By john

SaaS Company KPIs: Knowing What To Track

Credited for their convenience and effectiveness, software companies are often the driving force behind any modern organization. And while the product may not be tangible, there are still numerous KPIs to track.Key performance indicators in the SaaS industry highlight how companies can

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