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 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.

Seattle creates waves by passing tax on high-income earners

In what Mayor Ed Murray has called a “new formula for fairness” and a challenge to the state’s “antiquated and unsustainable tax structure,” Seattle recently became the first local jurisdiction in Washington state to pass an income tax when it was approved by city council and signed by the mayor in mid-July.

Washington enacts use tax reporting and B&O changes for remote sellers

Washington state budget bill includes use tax notification and reporting requirements and economic nexus provisions for retailing B&O tax.

Understand how Washington exempts imports from B and O tax

The State of Washington has provided statutory and regulatory guidance on the application of the B&O tax to import activity.

Washington State enforces penalties on annual reconciliation nonfilers

State enforces 29 percent late payment penalty on businesses that have not filed annual reconciliations of apportionable income.