A Tax Projection is an estimate of what you’re going to owe for your next tax return. At Black Sheep, we utilize quarterly tax projections based on historical data, projected income, and expenses so you can be prepared for your upcoming year and understand how your tax responsibilities may change. The next tax due date […]
Category Archives: Tax
Small Businesses, Tax, WA State
The New Washington State Long Term Care Tax: How Does It Apply to My Small Business?
16
Aug
Aug
You’re hearing a lot in Washington State right now about the new long term care tax that will be paid by employees through payroll deductions starting in 2022. The official program is called the WA Cares Fund. Washington State is the first state in the nation to develop a plan like this and employees and […]
07
May
May
You recently filed your tax return and learned that you owe the IRS money and must pay them, but you don’t know what options are available to you. Here are several options for making a tax payment to the IRS: 1. Check If you paper filed your tax return, you can mail the tax return, […]
27
Apr
Apr
As a small business owner, you’re looking for some assistance with your finances. Each tax season, things feel more and more complicated. The worst part is, getting help with your taxes feels just as complicated as doing them! How are you meant to know what type of accounting professional is best for you and your […]
30
Mar
Mar
It’s almost 2018!! Can you believe it? I sure can’t. With Thanksgiving approaching in just two days, now is the time to focus on planning for taxes, finances, and business strategy. What have you done to plan for your taxes for next year? What about financial planning? If you own a business, have you done […]