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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Summary of Washington State and Local Tax Updates Due to Coronavirus

Posted April 2nd, 2020 & filed under Blog.

The Washington State Department of Revenue and some Washington city tax authorities have recently issued guidance on taxpayer relief related to the COVID-19 pandemic. The updates are evolving quickly in response to the crisis,

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Changes to Washington’s Real Estate Excise Tax Could Result in Surprise Tax Liabilities from Controlling Interest Transfers

Posted September 16th, 2019 & filed under Blog.

Updated 9/18/2019, 9:15 PM

What Changed?

The Washington legislature recently enacted legislation that dramatically changes aspects of the state’s Real Estate Excise Tax (REET). Unless real property is classified as timberland or agricultural land,

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Washington Legislature Enacts B&O Tax Rate Increase and Real Estate Excise Tax Changes

Posted May 15th, 2019 & filed under Blog.

The 2019 Washington legislative session has ended, but it was a busy year in terms of tax related bills. The enacted legislation includes business and occupation (“B&O”) tax increases on certain service businesses and financial institutions,

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Complying with Consumer Use Tax Notifications

Posted March 8th, 2019 & filed under Blog.

Recently, you may have received a notice from out-of-state sellers identifying various online purchases for which you were not charged sales tax.

Here is what you need to know concerning the notice:

A change in state tax law,

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