1-800Accountant offers expert virtual accounting services to Seattle's small businesses while maximizing deductions and maintaining compliance.
Saved businesses
$12,259
in taxes on average*
Our CPAs have an average of
17 years
of experience**
Over
1 million
tax consultations delivered***
Level | Rate |
---|---|
State Tax Rate | 6.50% |
County Tax Rate | 0% |
Municipal Tax Rate | 3.85% |
Combined Sales Tax Rate | 10.35% |
City-Specific Taxes |
---|
Seattle has a Business License Tax (B&O Tax) that applies to the gross revenue of businesses operating within the city. Businesses with annual taxable gross revenue of $100,000 or more must file their returns by April 30 each year. |
Licenses and Permits |
---|
Most businesses operating in Seattle require a Seattle business license tax certificate, with annual fees ranging from $71 to $3,126 based on revenue. |
Home-based and online businesses generally need a Seattle business license if operating from within city limits. |
In addition to city licenses, businesses must obtain a Washington state business license. |
Grants and Funding in Seattle | Grants and Funding Information |
---|---|
Seattle Office of Economic Development Grants | The city of Seattle offers grants ranging from $5,000 to $20,000 to support projects that benefit neighborhood business districts, aiming to enhance local economic vitality and community engagement. |
State Small Business Credit Initiative (SSBCI) | Managed by the Washington State Department of Commerce, this initiative oversees a significant amount of capital access programs to support small businesses through various credit and investment opportunities. |
We match you with an accountant who knows the ins and outs of your industry and state.
Take back your time. Get unlimited support from a tax expert and get the answers you need ASAP.
We guarantee you'll get every dollar your business is entitled to when we do your taxes.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.