Where does the Tax Court hold trial sessions closest to Kirkland, Washington?

The U.S. Tax Court trial location nearest to Kirkland, Washington is Courtroom 4 of the Nakamura U.S. Courthouse at 1010 5th Avenue, Seattle, WA, 98104.

Where is the low-income taxpayer clinic that is closest to Kirkland, Washington?

The closest low-income taxpayer clinic is the University of Washington Federal Tax Clinic, located at the University of Washington School of Law, William H. Gates Hall, Suite 265, P. O. Box 85110, Seattle, WA 98145-1110.

What is the statute of limitations for tax assessment in Kirkland?

According to the Washington Administrative Code (WAC) 458-20-230, the Washington State Department of Revenue has four years from the time the close of the tax calendar year in which the tax was incurred to issue a tax assessment. However, the statute of limitations period may be extended in the case that the taxpayer is unregistered.

Are Kirkland residents and businesses required to pay income taxes?

No, residents and businesses in Kirkland, Washington are not subject to individual and corporate income taxes. However, individuals who are high-income earners are still subject to state capital gains tax. Additionally, those who do business within Washington State are required to pay business and occupation (B&O) tax as well as public utility tax.

What is the capital gains tax rate in Kirkland?

The capital gains tax rate in Kirkland, Washington is 7 percent. The tax, which was enacted in 2021, applies to the sale or exchange of long-term capital assets that exceed $250,000, such as stocks, bonds, business interests, and other investments and tangible assets. Those who owe capital gains tax must file a capital gains tax return with a copy of their federal tax return for the same taxable year.

Is your business entity in Kirkland required to pay capital gains tax?

No, your business entity in Kirkland, Washington is not subject to the capital gains tax. The state of Washington's capital gains tax is only imposed on individuals and not on business entities. However, the tax does apply to gains passed through from individual owners of entities or disregarded entities for federal tax purposes.

What are the exemptions to the capital gains tax in Kirkland?

The capital gains tax does not apply to sales or exchanges of real estate, retirement account assets, the sale or exchange of assets held for a short period of time, and eligible family-owned small businesses. Other exemptions include timber and timberland, commercial fishing privileges, specific agricultural products, and cattle, horses, or breeding livestock.

Best Tax Attorneys in Kirkland

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Last updated: September 29, 2023

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5803 232nd Street SW Suite 1, Mountlake Terrace, WA 98043

Why choose this provider?

Andrew R. Jerome, PLLC, provides legal assistance to clients in Kirkland and the surrounding areas. It offers tax preparation services related to federal income, state income, payroll, gifts, and commercial transactions. It also helps clients with tax concerns related to estate planning and trust administration. In addition, the law office forms and advises corporations, partnerships, individually owned businesses, and LLCs. The firm's principal lawyer and tax attorney, Andrew Jerome, has an LL.M. degree in Taxation.

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7900 SE 28th Street, 5th Floor, Mercer Island, WA 98040

State Tax Audit

Why choose this provider?

The Wyman Law Firm caters to individuals and businesses in Kirkland and its surrounding communities. It represents clients during IRS audits and collection processes. It handles a number of tax-related matters, such as innocent spouse relief, unfiled tax returns, removal of IRS bank and wage levies, and removal of IRS notices of federal tax liens. One client commended principal attorney Andrew J. Wyman for his professionalism and for promptly returning all of his calls, emails, and concerns.

Reputation:

5.0

Facebook: 5.0 / 5 (17)
Google: 5.0 / 5 (2)

Professionalism:

3.8

Responsiveness
Friendliness
Helpfulness
Detail: ––

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1239 120th Ave NE Suite A, Bellevue, WA 98005

State Tax Audit

Why choose this provider?

Kwan Law PLLC deals with various legal matters in Kirkland, including tax issues. It helps clients resolve delinquent tax filing cases and represents taxpayers in IRS audits. The firm also fights for clients' rights in tax litigation and defends entities facing criminal tax charges, such as fraud and evasion. Other practice area covers immigration, business, and probate. Its lead attorney, Kwan Law, speaks fluent Chinese. He is admitted to practice before the United States Department of Justice.

Reputation:

4.9

Google: 4.9 / 5 (36)

Professionalism:

3.8

Responsiveness
Friendliness
Helpfulness
Detail: ––

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11335 NE 122nd Way Suite 105, Kirkland, WA 98034

Why choose this provider?

Ortiz Gosalia, Attorneys at Law, serves clients in Kirkland and nearby areas. It assists people facing tax issues with the IRS and state and local agencies. It conducts one-on-one case evaluations to determine the suitable legal action to achieve favorable results. The law firm also helps in estate planning and business matters like entity formation and operations. The legal office's attorneys have more than 20 years of combined experience and are admitted to practice in the United States Tax and Bankruptcy Courts.

Reputation:

5.0

Facebook: 5.0 / 5 (12)

Professionalism:

3.8

Responsiveness
Friendliness
Helpfulness
Detail: ––

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18222 104th Avenue, N.E., Suite 103, Bothell, WA 98011

Tax Defense

Why choose this provider?

Setareh Mahmoodi, an attorney, assists individuals and businesses in and around Kirkland who have tax disputes with the Internal Revenue Service (IRS). The office handles the release of federal tax liens, discharging tax obligations through bankruptcy, and personal tax matters. Sole practitioner Setareh Mahmoodi helps clients ease their financial burden through different options, like pursuing a non-collectible status and negotiating with the IRS to establish payment plans. She represents individuals with income tax disputes in arbitration, mediation, and negotiation.

Reputation:

5.0

Facebook: 5.0 / 5 (8)
Google: 5.0 / 5 (5)

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16625 Redmond Way Ste. M #151, Redmond, WA 98052

Federal Tax Audit

Why choose this provider?

The Law Offices of Thomas D. Sykes PLLC serves clients in and around Kirkland who are facing tax-related problems. Its lawyer has more than four decades of experience handling a full range of tax controversies, from IRS audits, administrative disputes, and litigation to disputes over alleged tax shelters and lack of economic substance. It deals with legal matters involving the removal and enforcement of IRS liens and levies and cryptocurrency reporting. Sykes is also admitted to practice in the District of Columbia and Illinois.

Reputation:

5.0

Google: 5.0 / 5 (11)

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Frequently Asked Questions

Where does the Tax Court hold trial sessions closest to Kirkland, Washington?
The U.S. Tax Court trial location nearest to Kirkland, Washington is Courtroom 4 of the Nakamura U.S. Courthouse at 1010 5th Avenue, Seattle, WA, 98104.
Where is the low-income taxpayer clinic that is closest to Kirkland, Washington?
The closest low-income taxpayer clinic is the University of Washington Federal Tax Clinic, located at the University of Washington School of Law, William H. Gates Hall, Suite 265, P. O. Box 85110, Seattle, WA 98145-1110.
What is the statute of limitations for tax assessment in Kirkland?
According to the Washington Administrative Code (WAC) 458-20-230, the Washington State Department of Revenue has four years from the time the close of the tax calendar year in which the tax was incurred to issue a tax assessment. However, the statute of limitations period may be extended in the case that the taxpayer is unregistered.
Are Kirkland residents and businesses required to pay income taxes?
No, residents and businesses in Kirkland, Washington are not subject to individual and corporate income taxes. However, individuals who are high-income earners are still subject to state capital gains tax. Additionally, those who do business within Washington State are required to pay business and occupation (B&O) tax as well as public utility tax.
What is the capital gains tax rate in Kirkland?
The capital gains tax rate in Kirkland, Washington is 7 percent. The tax, which was enacted in 2021, applies to the sale or exchange of long-term capital assets that exceed $250,000, such as stocks, bonds, business interests, and other investments and tangible assets. Those who owe capital gains tax must file a capital gains tax return with a copy of their federal tax return for the same taxable year.
Is your business entity in Kirkland required to pay capital gains tax?
No, your business entity in Kirkland, Washington is not subject to the capital gains tax. The state of Washington's capital gains tax is only imposed on individuals and not on business entities. However, the tax does apply to gains passed through from individual owners of entities or disregarded entities for federal tax purposes.
What are the exemptions to the capital gains tax in Kirkland?
The capital gains tax does not apply to sales or exchanges of real estate, retirement account assets, the sale or exchange of assets held for a short period of time, and eligible family-owned small businesses. Other exemptions include timber and timberland, commercial fishing privileges, specific agricultural products, and cattle, horses, or breeding livestock.