Starting October 1, 2025, Washington State levies a sales tax on many, maybe most, business professional services. Thus, if you’re a business … [Read more...] about Washington State Professional Services Sales Tax
Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
Washington state taxes the estates of high-net-worth residents and high-net-worth nonresidents who own property in the state. The tax rates start at … [Read more...] about Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
Big Beautiful Section 199A Calculator
Use the calculator below to estimate your Section 199A deduction using the new formula from the Big Beautiful Tax Bill of 2025. Note: More detailed … [Read more...] about Big Beautiful Section 199A Calculator
The New Big Beautiful Section 199A Deduction
The Big Beautiful Tax Bill, which the U.S. Congress is currently working to pass, changes the popular Section 199A deduction. At this point, whether … [Read more...] about The New Big Beautiful Section 199A Deduction
Washington State Estate Tax Calculator (2025 Version)
In mid-2025, Washington adjusted its state estate tax for estates created on or after July 1, 2025. The new version uses a larger, inflation adjusted … [Read more...] about Washington State Estate Tax Calculator (2025 Version)
Nate Silver On the Edge: Actionable Insights for Entrepreneurs
I read Nate Silver’s On the Edge on a recent trip to the California desert. The book isn’t really about entrepreneurship or small business ownership … [Read more...] about Nate Silver On the Edge: Actionable Insights for Entrepreneurs
Deep Work Tax Deductions
On a recent vacation, I read Cal Newport’s book, “Deep Work.” Which got me thinking about tax deductions for deep work. Newport’s ideas have great … [Read more...] about Deep Work Tax Deductions
Small Business ChatGPT Tips and Tricks
In this second part of my discussion about ChatGPT and your small business, I want to share some small business ChatGPT tips. Also some tricks. Thus, … [Read more...] about Small Business ChatGPT Tips and Tricks
Using ChatGPT in a Small Business
I’ve been learning about artificial intelligence, or AI, over about the last year or year and a half. Most days, and this is a little embarrassing, … [Read more...] about Using ChatGPT in a Small Business
Short-term-rental Tax Tips and Tricks
Short-term rentals provide some of the easiest and most powerful tax savings opportunities available to investors. You can literally save six figures … [Read more...] about Short-term-rental Tax Tips and Tricks