More Businesses Required to File Monthly Washington Excise Tax Returns!
According to Washington's website, more Washington businesses will soon be required to file excise tax returns on a monthly basis. Businesses with an annual excise tax liability over $4,800 were notified by the Department that they must report monthly beginning with the October 2010 Excise Tax Return due November 25, 2010.
If you file monthly, you are also required to file electronically.
For more information, go to Washington Excise Tax.
Brian Strahle is the owner of LEVERAGE SALT, LLC where he provides state and local tax technical services to accounting firms, law firms and tax research organizations across the United States. He also writes a weekly column in Tax Analysts State Tax Notes entitled, "The SALT Effect." For more info, visit his website: www.leveragestateandlocaltax.com
You can reach Brian at firstname.lastname@example.org.
Because state and local taxes are deceptively simple and endlessly complicated.