Washington has no income tax, but the B&O gross receipts tax, new capital gains tax, and federal obligations mean Seattle business owners still leave significant money on the table.
No state income tax, but WA has a Business & Occupation (B&O) tax on gross receipts. New 7% capital gains tax on gains over $270K.
Seattle imposes its own B&O tax on gross revenue (rates vary by activity, ~0.1%-0.4%). JumpStart payroll tax on large employers.
A Seattle-based e-commerce company doing $6.2M in revenue was paying B&O tax on its full gross without proper deduction classification. After restructuring revenue streams and implementing R&D credits, they saved $91,000 annually.
Minimize Washington B&O gross receipts tax through proper classification, deductions, and entity structuring.
Learn more →Structure asset sales, investments, and exits to minimize capital gains exposure through timing, entity structure, and exclusions.
Learn more →Optimize your business structure across LLCs, S-Corps, and holding companies to minimize tax exposure and maximize protection.
Learn more →Reclassify building components to 5, 7, or 15-year property for accelerated depreciation and massive first-year deductions.
Learn more →Claim dollar-for-dollar federal tax credits for qualifying development, engineering, and process improvement activities.
Learn more →We serve Seattle business owners remotely with the same depth as a local firm. Our Tax Intelligence Framework starts with a comprehensive review of your financials, entity structure, and current tax position. We then build a custom strategy and implement it.
We work alongside your existing CPA, not replacing them. Learn more about our tax strategy service or read about how we work alongside your CPA.
Book a free review and we'll identify exactly how much you're overpaying and the strategies to fix it.
Tell us about your business and we'll identify every savings opportunity available to you.