Blog - The Doty Group, P.S. | Tacoma, WA

Posts in Business Owners

COVID-19 (Coronavirus) and Tax Season: Appointments, Deadlines, & Office Info

COVID-19 (Coronavirus) and Tax Season: Appointments, Deadlines, & Office Info

We are encouraging the use of the secure client portal on our website and virtual meetings when necessary.

Business Owners, Community, Firm News, From The Doty Group, IndividualsAidan HeltMarch 16, 2020COVID-19, Coronavirus, Tax Season, ClientsComment

Discussion of Extending Tax Season Beyond April 15th & Economic Stimulus Talks

Discussion of Extending Tax Season Beyond April 15th & Economic Stimulus Talks

Treasury and lawmakers are discussing a planned extension of the 2020 tax filing season beyond April 15.

Business Owners, Individuals, IRS News, TreasuryThe Doty GroupMarch 12, 2020Coronavirus, US Treasury Department, AICPA, Tax SeasonComment

60-Day Extensions Available for CA Due to COVID-19

60-Day Extensions Available for CA Due to COVID-19

Extensions can be requested to file state payroll reports and/or deposit payroll taxes without penalty or interest.

Business OwnersThe Doty GroupMarch 11, 2020California, State and Local Tax, CoronavirusComment

Resources for Washington Businesses and Workers Impacted by COVID-19 Coronavirus

Resources for Washington Businesses and Workers Impacted by COVID-19 Coronavirus

The Governor’s Office has compiled this partial list of resources to support economic retention and recovery related to COVID-19 coronavirus.

Business Owners, IndividualsThe Doty GroupFebruary 27, 2020Coronavirus, Governor Inslee, Washington STate, Department of Revenue, Excise Tax Returns, B&O Tax, Economic Injury Disaster, Small Business Administration, Small Business, Export Assistance, Department of Commerce, STEP Vouchers, Export Working Capital ProgramComment

IRS Updates Guidance on Business Expense Deductions for Meals & Entertainment

IRS Updates Guidance on Business Expense Deductions for Meals & Entertainment

The proposed regulations affect taxpayers who pay or incur expenses for meals or entertainment.

Business Owners, Individuals, IRS News, Tax ReformThe Doty GroupFebruary 25, 2020Tax Cuts and Jobs Act, TCJA, Business Expenses, Meals Expenses, Meals and Entertainment Expense, IRS, Proposed RegulationsComment

TCJA Impact Update: Is It Time For A Chart of Accounts Adjustment?

TCJA Impact Update: Is It Time For A Chart of Accounts Adjustment?

How to account for the changes to meals and entertainment expenses brought about by the Tax Cuts and Jobs Act

Business Owners, Individuals, Tax ReformThe Doty GroupJanuary 20, 2020Tax Cuts and Jobs Act, Chart of Accounts, Business Expenses, Meals and Entertainment Expense, Entertainment Expenses, Meals Expenses, Tax ReformComment

IRS Willing To Consider Requests For Relief From Double Taxation Related To Repatriation

IRS Willing To Consider Requests For Relief From Double Taxation Related To Repatriation

The IRS has determined that in unique circumstances it may be appropriate to provide relief from double taxation.

Business Owners, Individuals, Tax ReformThe Doty GroupJanuary 17, 2020International Tax, Repatriation, Double Taxation, Tax Cuts and Jobs ActComment

How Can Auditors Maintain Independence When Advising Clients on New Standards?

How Can Auditors Maintain Independence When Advising Clients on New Standards?

To what extent can auditors provide advice to clients who may be panicking or having a difficult time understanding intimidating new FASB standards?

Business Owners, From The Doty Group, ServicesSarah GrayJanuary 6, 2020AICPA, Attestation, Audit, FASB, GAAP, Private CompaniesComment

WA Sales and Use Tax: New Annual Filing Date Takes Effect

WA Sales and Use Tax: New Annual Filing Date Takes Effect

The due date for Washington excise taxes for small businesses filing annually is now April 15.

Business OwnersThe Doty GroupJanuary 2, 2020State and Local Tax, Washington STate, DeadlinesComment