Annual B&O Tax Apportionment Reconciliation Due October 31st for Washington State

Posted September 20th, 2022 & filed under Blog.

For business and occupation (B&O) tax purposes, taxpayers earning apportionable revenue calculate their taxable Washington revenue by applying a “receipts factor” apportionment methodology. Taxpayers computing B&O tax in this manner are required to complete and file an Annual Reconciliation of Apportionable Income form with the Department of Revenue.

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Common State and Local Tax Issues for Hospitals

Posted March 16th, 2021 & filed under Blog.

Overview

Healthcare organizations across the United States face unique complexities regarding state taxes when doing business in Washington. Unlike most states, Washington does not impose an income tax on businesses.

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A Rose by Any Other Name: When is a Grant Deductible for Washington B&O Tax Purposes?

Posted May 31st, 2016 & filed under Blog.

By Bob Heller, JD, LLM

For those in the nonprofit community with activities in Washington, it often bears repeating that there is no general nonprofit exemption from the State’s business and occupation (“B&O”) tax.

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Update: B&O traps for real property lessors

Posted October 13th, 2015 & filed under Blog.

By Joe Haberzetle, JD, LLM

Note: the information in this article had additional updates on February 19, 2018. View the updated article here.

In our May 2014 article,

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Washington B&O Tax Apportionment – Finally a Good Set of Rules, or Just Better than Before?

Posted July 8th, 2013 & filed under Blog.

By Joe Haberzetle, JD, LLM

If you are a Washington-based professional services business with at least some of your clients located outside the state, how do you know whether (or to what extent) you’re required pay the state’s business and occupation (B&O) tax on your income from those clients?

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