Mayor’s budget proposes increase in B&O taxes

October 14, 2014

Issaquah businesses could be paying more taxes in 2015 as Issaquah Mayor Fred Butler unveiled his proposed budget, calling for an increase to the city’s business and occupation tax rate, at the Oct. 6 Issaquah City Council meeting.

The proposal would increase B&O taxes for manufacturing, wholesale and retail companies from 0.0008 to 0.0015 effective April 1, 2015, and 0.002 effective Jan. 1, 2017.

B&O taxes for printing/publishing, retail services and services/other would go from 0.001 to 0.0012 effective April 1, 2015.

Read more

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.

Read more