Sue Price-Scott

Retail sales tax is the State of Washington’s principal source of income. Businesses making retail sales in Washington are required to collect and remit sales tax on sales of goods and services to the state. The seller is responsible for remitting the tax whether or not collected.

Just as a good business owner plans the business operations and taxes for the year ahead, you should plan your personal income taxes as well. By planning ahead, you will have the opportunity to better manage your tax situation, consider strategies to minimize your total tax bill in the long run, and be prepared for…

So you have a business plan for 2014? A business plan is an essential tool for managing your business. Ideally, a business plan should be prepared and in place at the beginning of the business year, but implementing it mid-year has benefits, as well. The business plan may be comprehensive or only a financial plan…