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Financial Metrics Every Tacoma Business Owner Should Track

Financial Metrics Every Tacoma Business Owner Should Track

by Joshua Ott | Oct 21, 2025 | Bookkeeping, Budgeting, South Sound Spotlight

What You’ll Learn in This Post The key financial metrics that tell the full story of your business’s health. Why tracking these numbers helps prevent surprises and improves decision-making. Practical ways to use metrics to strengthen your cash flow and long-term...
Washington’s New Sales Tax Rules: What Solopreneurs and Small Business Owners Need to Know

Washington’s New Sales Tax Rules: What Solopreneurs and Small Business Owners Need to Know

by Joshua Ott | Oct 14, 2025 | South Sound Spotlight, Tax Planning

What You’ll Learn in This Post What the new Washington State sales tax law (ESSB 5814) means for service-based businesses. Which industries are now required to charge retail sales tax. How to adjust your contracts, pricing, and accounting systems to stay compliant....

Quarterly Reporting in Washington: What Small Business Owners Need to Know

by Joshua Ott | Sep 9, 2025 | Bookkeeping, South Sound Spotlight, Tax Planning

What You’ll Learn in This Post Why quarterly tax and wage reports are required for Washington State employers.  The difference between “zero payroll” and “zero hours” — and why it matters for compliance.  Key information you’ll need to include in your filings to avoid...
Understanding Washington State Business Taxes: What Every Business Owner Should Know

Understanding Washington State Business Taxes: What Every Business Owner Should Know

by Joshua Ott | Aug 26, 2025 | South Sound Spotlight, Tax Planning

What You’ll Learn in This Post: Washington State is unique in its approach to business taxes. While there’s no corporate or personal income tax, businesses still have several tax obligations to stay on top of. In this post, we’ll break down the main types of taxes you...
Washington State Payroll Audit—How to Be Prepared

Washington State Payroll Audit—How to Be Prepared

by Joshua Ott | Aug 12, 2025 | Payroll, South Sound Spotlight

What You’ll Learn in This Post: Payroll audits can feel intimidating, but with the right preparation, they can be a straightforward process. In this post, we’ll walk you through why payroll audits happen in Washington State, what to expect during the process, and how...
Common Mistakes That Undervalue Your Business

Common Mistakes That Undervalue Your Business

by Joshua Ott | Jun 24, 2025 | Sell Side M&A and Advisory, South Sound Spotlight

What You’ll Learn in This Post Thinking about selling or transitioning your business? In this post, we cover five common mistakes that can quietly lower your business’s valuation—and what to do about them. You’ll learn how everyday decisions affect how buyers,...

Recent Posts

  • Preparing for Unexpected Expenses: Building a Rainy-Day Fund for Your Business
  • Financial Metrics Every Tacoma Business Owner Should Track
  • Washington’s New Sales Tax Rules: What Solopreneurs and Small Business Owners Need to Know
  • The Hidden Risks of Commingling Business and Personal Funds
  • How to Pay Yourself as a Small Business Owner

J. Ott Business Solutions

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Tacoma, WA 98405
(253) 569-0362

Accounting Services | Payroll | Quickbooks | Bookkeeping |
Tax Prep | M & A – Mergers & Acquisitions
​Serving all of Pierce County Washington and the Pacific Northwest

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