Exempt from Coverage for Self-Employed business owners in WA State

Under Washington State Law most “Self-Employed” business owners are exempt from L&I, State Unemployment Insurance, Washington Paid Family and Medical Leave and WA Cares Long Term Care Insurance.

“Self-Employed” is defined slightly differently for each coverage, and it should be reviewed carefully before making a decision whether a business owner is exempt from coverage.

Continue reading “Exempt from Coverage for Self-Employed business owners in WA State”

2023 QUARTERLY ESTIMATED TAX DUE DATES TO THE IRS FOR CORPORATIONS

Corporate installments of Estimated Tax Payments are generally due by the 15th day of the 4th, 6th, 9th, and 12th months of the tax year. If any due date falls on a Saturday, Sunday, or legal holiday, the installment is due on the next regular business day.

Continue reading “2023 QUARTERLY ESTIMATED TAX DUE DATES TO THE IRS FOR CORPORATIONS”

2023 QUARTERLY ESTIMATED TAX DUE DATES TO THE IRS FOR INDIVIDUALS

For estimated tax purposes, the year is divided into four payment periods. Each period has a specific payment due date. If you don’t pay enough tax by the due date of each payment period, you may be charged a penalty even if you’re due a refund when you file your income tax return at the end of the year.

Continue reading “2023 QUARTERLY ESTIMATED TAX DUE DATES TO THE IRS FOR INDIVIDUALS”