by ManagerJill | Oct 2, 2025 | Business, FAQ, FYI, Tax
On October 1, 2025, certain service providers in Washington State were required to start charging retail sales tax. This is due to the passing of Engrossed Substitute Senate Bill (ESSB) 5814, which added new business activities to the definition of retail services....
by ManagerJill | May 4, 2023 | Business, FAQ, FYI, Hobby, Individuals, IRS News, Tax, Tip
Sometimes the line between having a hobby and running a business can be confusing, but knowing the difference is important because hobbies and businesses are treated differently when it’s time to file a tax return. The biggest difference between the two is that...
by ManagerJill | Dec 23, 2022 | American Rescue Plan, FAQ, FYI, IRS News, Tax
WASHINGTON — The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season. As a result of this delay, third-party settlement organizations will not be...
by ManagerJill | Dec 6, 2022 | Credits, FAQ, FYI, Individuals, Inflation Reduction Act of 2022, IRS News, Tax
WASHINGTON – The Internal Revenue Service encouraged taxpayers to take important actions this month to help them file their 2022 federal tax returns. This is the second in a series of reminders to help taxpayers get ready for the upcoming tax filing season. A ”Get...
by ManagerJill | Oct 19, 2022 | FYI, FAQ, IRS News, Tax
IR-2022-182, October 18, 2022 WASHINGTON — The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2022-38PDF provides...
by ManagerJill | Oct 3, 2022 | Inflation Reduction Act, Credits, FAQ, FYI, Inflation Reduction Act of 2022, IRS News, Tax
The passing of the Inflation Reduction Act in August has led to many questions regarding the purchase of Electric Vehicles (EV) and Energy Efficient Home Improvements in regards to potential tax credits. To help answer some of the questions you may have, we have...
