When are Business & Occupation(B&O) Taxes Due?

When are Business & Occupation(B&O) Taxes Due?

https://youtu.be/N3Giny5D4lY When you think of B&O taxes, does it make you think of Washington State taxes? (Personally, it makes me think of the B&O Railroad from Monopoly). It’s important to realize Business & Occupation taxes are not just state taxes but are collected as part of city, county, and state taxes. Read more about the new Surcharge here. City Taxes Cities generally tax businesses on revenue. In the interest of brevity we will center this section around the city of Seattle, which uses the FileLocal website for B&O taxes, though several nearby cities also use the FileLocal website. Seattle businesses…
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What the Heck Is the Washington State Workforce Education Surcharge on My B&O taxes?

If you operate a business in Washington State whose purpose is to provide services (as opposed to goods), you may have recently received a letter (or e-letter) from the Department of Revenue announcing a surcharge to your regular B&O (aka excise) taxes. This change will take effect in 2020; it will not affect any 2019 B&O tax returns. Just What We Needed, a Surcharge…Okay, What’s the Damage? Let’s cut to the chase and just tell you how much more money you will owe. …but, unfortunately, it’s not the same for everyone. The Department of Revenue has implemented a three-tiered system…
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July 1st, 2019 change to Point-of-sale WA State Sales Tax

July 1st, 2019 change to Point-of-sale WA State Sales Tax

Let me start by apologizing for the ungainly blog title, and then I’ll quote the summary of the change that will happen on July 1st as stated on the Washington State Dept of Revenue website: “Starting July 1, 2019, the retail sales tax exemption for certain nonresidents of Washington state, on purchases of tangible personal property, digital goods, and digital codes, will no longer be available at the point of sale. Instead, these consumers may request a refund from the Department of Revenue for the state portion of the sales tax they paid.” The article goes on to say that…
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