Blog Archives: 2021

Washington Legislature Adopts Fix to Remove the Special Tourism Assessment from Measure of Sales and B&O Taxes on Lodging

Posted April 27th, 2021 & filed under Blog.

Washington cities and counties are permitted to establish parking and business improvement areas (PBIAs) and levy assessments on the businesses that are benefitted by PBIA activities. Seattle has one such PBIA known as the Seattle Tourism Improvement Area.

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The Strength of Compassionate Leadership

Posted April 8th, 2021 & filed under Blog.

More so than any time in recent history, the COVID-19 pandemic has enabled company leaders to reflect on the notion of becoming compassionate leaders.

Sara Elizabeth Hyre,

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Washington B&O Tax Treatment of COVID-19 Related Emergency Funding

Posted April 8th, 2021 & filed under Blog.

Last year, following the passage of the federal CARES Act, the Washington State Department of Revenue (DOR) published guidance regarding its view on whether federal COVID-19 related financial assistance is subject to the Business &

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When the Cat’s Away, Should You Play?

Posted April 4th, 2021 & filed under Blog.

The chances of an IRS examination of a tax-exempt entity is one in 742, reported the Treasury Inspector General For Tax Administration (TIGTA) in February. For-profit businesses are five times as likely to be examined (one in 156) and individuals are three times as likely to be examined (one in 226).

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IRS Extends Deadline for Individual Income Tax Filing and IRA/HSA Contributions; Q1 Estimated Payments Still Due on 4/15

Posted March 18th, 2021 & filed under Blog.

3/29/2021 Update: The Internal Revenue Service and the Treasury Department have provided additional details around the tax deadline extension.

As reported earlier, the April 15 deadline for filing and paying individual income tax has been extended until May 17,

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