Washington Audit, Tax and Consulting

Washington Insights

NEWS RELEASE

RSM Names Paul Brajcich as Pacific Northwest Leader

RSM has announced Paul Brajcich as office managing partner for the firm’s Pacific Northwest market.

Washington revises new B&O tax increases for service-based businesses

Last year’s service-based and advanced computing business surcharges receive significant makeover after public concern.

Perishable meat processors eligible for favorable Washington B&O rate

Certain perishable meat manufactures, processors, and sellers may be eligible for a reduced business and occupation tax rate.

Seattle high-earner income tax found unconstitutional

Washington Court of Appeals determined the graduated income tax to be impermissible under a uniformity requirement.

Avoiding a data breach

The middle market is a growing target for cybercrime. Address privacy and security now so a normal day doesn’t become an emergency.

Washington state codifies and expands economic nexus requirements

Tax bill reduces nexus thresholds and amends provisions of the business and occupation tax; addresses remote sales tax collection.

Washington revises remote sales tax collection after Wayfair

Washington state will require out-of-state businesses meeting a Wayfair-style sales or transaction threshold to collect sales tax.

Seattle City Council passes employee hours tax

Mayor expected to sign employee “head tax” on businesses with Seattle sourced taxable gross income exceeding $20 million.

Washington State offers remote seller penalty reduction program

Washington Department of Revenue encourages remote sellers to come forward by offering penalty reduction and limited look back.

Seattle tax on high-income earners overturned

The high-income earners tax, currently scheduled to go into effect on Jan. 1, 2018, has received multiple challenges since passing.

Washington state unclaimed property amnesty ends Oct. 31

In 2015, Washington state made sweeping changes to its unclaimed property law and opened an amnesty program. Unclaimed property holders that did not previously apply for amnesty should consider doing so by Oct. 31, 2017, in order to obtain penalty and interest waivers.