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Walla Walla County, Washington: The Importance of a CPA for Small Business Tax Preparation

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Kendall *********
Freelance designer
Q. what is deductible
"Freelance designers can deduct various business expenses for tax purposes such as office expenses, equipment, supplies, professional services, marketing, advertising, travel, and transportation. Keep detailed records and receipts of all expenses."
Jared
Wendy's worker
Q. Why would there be no federal tax with held on my new check stub
If your income is below a certain threshold, you may not have federal taxes withheld. Additionally, claiming a high number of allowances on your W-4 form or exempt status can also result in no federal tax being withheld from your paycheck. Check your W-4 form and make any necessary changes. Hope this helps.
Caleb *****
Freelance marketer
Q. I am under 18 and have to file taxes for my business. How does this work?
For young entrepreneurs under 18, if your self-employment earnings are $400 or more, you must file a tax return. The standard deduction for 2023 is $12,950 for single filers, with self-employment taxes applicable once earnings reach $400. Include all income and expenses in Schedule C of your Form 1040 if you are a sole proprietor. Determine if your business is a single-member or multi-member LLC for accurate filing. Need more guidance? Let us know.
Kelsie
Freelance marketer
Q. I am a fitness instructor, that paid for 2 certifications in 2023 for my job. Is this something I can deduct?
Yes, training and education costs for fitness instructors are tax-deductible.
Takashi ******
Seller (Online or independent seller)
Q. I run a restaurant of S-corporation. My fiscal year is same as calendar year. Do I have to file 8752 to IRS?
As an S-Corporation with a fiscal year aligning with the calendar year, you don't typically need to file Form 8752 with the IRS.
Cash *********
Healthcare professional
Q. Hello, As I prepare to meet with my tax professional and submit my taxes what form would I use to try to write off some things like my IRA contributions and 529 contributions for the year since I am a w-2 employee? Thank you, Cash
"IRA contributions are deductible on line 20 of Schedule 1 of your 1040 return as a W-2 employee. 529 plan contributions are not federally deductible, but check with your state for possible state deductions. Hope this helps!" - CPA Team
Kendall *********
Freelance designer
Q. what is deductible
"Freelance designers can deduct various business expenses for tax purposes such as office expenses, equipment, supplies, professional services, marketing, advertising, travel, and transportation. Keep detailed records and receipts of all expenses."
Jared
Wendy's worker
Q. Why would there be no federal tax with held on my new check stub
If your income is below a certain threshold, you may not have federal taxes withheld. Additionally, claiming a high number of allowances on your W-4 form or exempt status can also result in no federal tax being withheld from your paycheck. Check your W-4 form and make any necessary changes. Hope this helps.
Caleb *****
Freelance marketer
Q. I am under 18 and have to file taxes for my business. How does this work?
For young entrepreneurs under 18, if your self-employment earnings are $400 or more, you must file a tax return. The standard deduction for 2023 is $12,950 for single filers, with self-employment taxes applicable once earnings reach $400. Include all income and expenses in Schedule C of your Form 1040 if you are a sole proprietor. Determine if your business is a single-member or multi-member LLC for accurate filing. Need more guidance? Let us know.
Kelsie
Freelance marketer
Q. I am a fitness instructor, that paid for 2 certifications in 2023 for my job. Is this something I can deduct?
Yes, training and education costs for fitness instructors are tax-deductible.

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Facts and figures about
Walla Walla County, Washington

washington
population

62,584

County Population

population

Walla Walla

County Seat

population

1,270 sq mi

County area

population

8.90%

Walla Walla County sales tax rate

😵‍💫 1 Washington CPA for every 300 residents results in high CPA rates

😓 19 million taxpayers missed the filing deadline last year

😨 30 million taxpayers miss deductions without the right tax expert

😣 Almost 1/2 of all Americans pay more tax than necessary

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Washington State Income Tax Rates & Brackets for 2023

The following tables represents Washington's income tax rates and tax brackets:

SINGLE FILER

Brackets

Rates

n.a

7.00%

MARRIED FILING JOINTLY

Brackets

Rates

n.a

7.00%

Filing Status

Standard Deduction Amt.

Single

$250,000

Couple

$250,000

Walla Walla county Sales Tax Rates for 2023

City

Sales Tax Rate

Tax Jurisdiction

Walla Walla

8.90%

Walla Walla Tpa Zone A Sp

College Place

8.90%

Walla Walla Tpa Zone A Sp

Burbank

8.10%

Walla Walla

Waitsburg

8.70%

Walla Walla Ptba

Touchet

8.70%

Walla Walla Ptba

Prescott

8.70%

Walla Walla Ptba

Dixie

8.10%

Walla Walla

Wallula

8.10%

Walla Walla

Frequently Asked Questions

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Why does FlyFin offer Smart CPAs?

FlyFin was developed for freelancers, gig workers, independent contractors and sole proprietors because they're responsible for so much more when it comes to taxes and are more in need of expert tax advice than perhaps any other kind of taxpayer. With a robust artificial intelligence, FlyFin tracks business expenses automatically for self-employed individuals and identifies every possible tax-saving write-off. FlyFin also makes it possible for any kind of taxpayer to file taxes and leave 95% of the work to FlyFin CPAs. They prepare tax returns with guaranteed 100 percent accuracy, saving taxpayers time and money. By downloading the FlyFin app, they can complete the process of getting their taxes in fewer than 15 minutes.
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