Changes for 2007
Gifts of clothing and household items: Many people periodically clear out their closets and attics, donate unwanted items to charity, and claim a deduction for the value of the items. You can continue...
View ArticleDo you dread tax time?
Do thoughts of paperwork and number crunching give you nightmares? Never fear! If you need someone who knows taxes inside and out, you have come to the right place. We look forward to helping you with...
View ArticleChanges for 2008
Long-term Capital Gains: The 5% tax rate on long-term capital gains is reduced to 0. Yes, you read that right. Zero. This special rate is available to taxpayers in the 10 or 15% tax brackets. (This...
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New location!
We’ve moved! Come see us in our new office in the Creative Workspace building at 168th and 48th Ave W in Lynnwood. Our office is open by appointment, and we typically have day, evening, and weekend...
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Micro to Millions!
Seattle, WA – June 11, 2008 – Non-profit business program, Make Mine A Million $ Business has selected Jesica Abella of Abella Tax Services, Inc. as one of 5 business women awardees to win the Micro...
View ArticleCharitable Contributions
Donating to charity has many benefits. It’s good for the charity. It gives you that warm fuzzy feeling for contributing to a cause you believe in. It also may reduce your tax liability. Read on for...
View ArticleChanges for 2009
Important Tax Law Changes affecting Tax Year 2009 • Long-term Capital Gains: Beginning in 2008, the 5% tax rate on long-term capital gains is reduced to 0. Yes, you read that right. Zero. This special...
View ArticleBusiness Tax Updates
WA B&O Tax Rate Increase The B&O Tax Rate for Services has increased from 1.5% to 1.8%, effective May 1, 2010. Retail and other classifications are not affected. HIRE Act – Incentives for...
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