Annual filing of B&O taxes now available for small businesses
March 26, 2013
Small businesses can now file their taxes annually instead of quarterly with the city of Issaquah.
In line with demands from business owners, those who earn $20,000 or less in gross, taxable income will be able to file city business and occupation taxes on an annual basis. If gross annual income is greater than $20,000 in 2013, the taxes will revert back to quarterly filing in 2014.
It will save on the amount of paperwork and hassle for those businesses that meet the threshold.
Learn more at www.issaquahwa.gov/business-taxes or call 837-3050.