Category: Taxes

B&O Tax Changes for Businesses

Posted on 07/14/2025 (07/14/2025) by Peterson & Associates

In May 2025, Governor Bob Ferguson enacted a package of tax legislation that includes substantial revisions to the state’s Business and Occupation (B&O) tax. The new legislation introduces higher rates, new surcharges, and clarified deductions, thereby impacting a broad spectrum of businesses operating within the state. B&O Tax Rate Increases Service and Other Activities: Effective…

Non-resident Wage Allocation for Hybrid or Remote Workers

Posted on 09/04/2020 (07/17/2025) by Newt Rumble

Washington residents who work for an Oregon employer may allocate their wages for days worked in and out of Oregon. Income tax is due to Oregon only for days worked in the state. Due to Covid-19, more people than ever are working from home. This may be a good opportunity to reduce your Oregon income…