top of page
Search
BMMS
Jul 21, 20221 min read
How to Get your Tax Refund if you Already Filed your Return
If you have overpaid your taxes, when you file a tax return you can elect to have the overpayment refunded or applied to cover future...
7 views0 comments
BMMS
Jul 21, 20221 min read
2020 Post-Election Tax Policy Update
Wolters Kluwer created a comprehensive analysis on what a Biden win means to 2021 tax policy and beyond. We have been following the...
2 views0 comments
BMMS
Jul 21, 20221 min read
Democrats Take the Senate
Yesterday was a tumultuous day, to say the least. Almost overshadowed by the chaos in Washington DC was the Democrats winning both Senate...
9 views0 comments
BMMS
Jul 21, 20221 min read
Tax Change Proposals Included in President’s Budget Plan
The President has released his proposed budget for FY 2022 and it contemplates significant tax changes. While any tax legislation that...
1 view0 comments
BMMS
Jul 21, 20223 min read
Proposed Tax Changes Under the Build Back Better Act
The House Ways and Means Committee recently released proposed tax provisions as part of the budget reconciliation bill a.k.a. the Build...
1 view0 comments
BMMS
Jul 21, 20222 min read
Opportunity Zones Final Regulations
Final regulations are out (finally!) and it’s mostly good news for OZ investors. We’ll do this in bullet point format as that makes the...
2 views0 comments
BMMS
Jul 21, 20222 min read
Washington State and Local Legislative Update
There are lots of legal updates relevant to the real estate world as we kick off the new year. The Washington State Legislature convened...
1 view0 comments
BMMS
Jul 21, 20221 min read
Another Attempted Business Tax, Lawmakers Seek to Tax Amazon
CBS News reported that Amazon paid a federal income tax rate of 1.2% last year, which was a three year high for Amazon. This was about...
1 view0 comments
BMMS
Jul 21, 20221 min read
Washington Capital Gain Tax Ruled Unconstitutional
In a long-awaited decision, Judge Brian Huber ruled yesterday (March 1, 2021) the 7% Washington Capital Gains Tax that was scheduled to...
3 views0 comments
BMMS
Jul 21, 20221 min read
April Tax Payments Extension
Earlier today at a press conference in Washington D.C., Steve Mnuchin indicated that the IRS is going to allow individuals and...
1 view0 comments
BMMS
Jul 21, 20221 min read
How to Get your Tax Refund if you Already Filed your Return
If you have overpaid your taxes, when you file a tax return you can elect to have the overpayment refunded or applied to cover future...
3 views0 comments
BMMS
Jul 21, 20221 min read
PPP Loan Forgiveness Update
The SBA has released additional guidance related to PPP loan forgiveness in the form of an FAQ. The guidance is taxpayer friendly and...
2 views0 comments
BMMS
Jul 20, 20222 min read
Resources for Small Businesses to Access Capital
The CARES Act is comprehensive and far reaching. We went through the bill with our community and clients in mind, making note of the...
1 view0 comments
BMMS
Jul 20, 20224 min read
COVID-19 Tax Relief - Explained
The $2,200,000,000,000 (yes, that’s what a trillion looks like) Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed...
1 view0 comments
BMMS
Jul 20, 20222 min read
Getting Cash Now – Individuals
The CARES Act is comprehensive and far reaching. We went through the bill with our community and clients in mind, making note of the...
4 views0 comments
BMMS
Jul 20, 20221 min read
IRS Guidance on PPP Loans
The Paycheck Protection Program (PPP) has been authorized to provide over $650 billion dollars in potentially forgivable loans to help...
1 view0 comments
BMMS
Jul 20, 20222 min read
COVID Relief Package – What’s In and What’s Out
The US has been waiting for another COVID relief package and finally, we have one. The bill is massive, logging over 5,000 pages and $900...
3 views0 comments
bottom of page