Rachel BjerkeSmall Business BOIR Filing HelpAs previously reported, most small businesses are now required to file a BOIR (Beneficial Ownership Information Report) with the...
Rachel BjerkeNew Required Report Filing for Small BusinessesDo you own a small business? If so, chances are you will need to file a BOIR with FinCEN.gov. If this is the first you’re hearing of a...
Joseph Witzig, CPABonus Depreciation Decreases to 80% in 2023Bonus depreciation, the business incentive that encourages investments in fixed assets such as vehicles, furniture and equipment, will be...
Joseph Witzig, CPATax Credit - Clean Energy Vehicles Purchased in 2023The IRS announced new requirements on April 18th You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you...
Joseph Witzig, CPAStandard Deduction Increases by Almost 7%On October 18th, the IRS announced the standard deduction was increasing for $27,700 (MFS), $20,800 (HOH) and $13,850 (Single) for 2023...
Joseph Witzig, CPAWashington State 2022 Capital Gains Tax The tax only applies to allocated gains to Washington state. The 2021 Washington State Legislature passed ESSB 5096 (RCW 82.87) which...