In earlier posts, I've described how to set up your own Washington corporation or limited liability company. And I've talked about the rules for and … [Read more...] about Steps for Electing Sub S Status for Washington LLC or Corp
business taxes
Pension Deductions Versus Payroll Taxes
I've been hanging out at the bogleheads.org forum recently. And in a discussion about business owner salaries, another forum member asked how one … [Read more...] about Pension Deductions Versus Payroll Taxes
How to Make S Elections for Washington Businesses
Both Washington state corporations and limited liability companies can elect to use the tax accounting rules described in Subchapter S of the Internal … [Read more...] about How to Make S Elections for Washington Businesses
Washington State LLC vs Corporation Rules
New business owners often want to organize a venture as a corporation or limited liability company. And that choice makes great sense. Both LLCs and … [Read more...] about Washington State LLC vs Corporation Rules
DPAD Deductions for Small Businesses
I want to talk a bit about a crazy business tax loophole called the DPAD, or Sec. 199 deduction, that's available to but that often isn't used by … [Read more...] about DPAD Deductions for Small Businesses