The Tax Shack Inc - Your Tax Professionals

01/19/2026

It's that time again!

For our clients - newsletters went out last Friday. We'll be sending out portal information throughout this week.

If you are interested in becoming a client - please visit our web site and submit an inquiry form. We'll be accepting new clients through the end of February.

See you soon!

08/08/2025

Thank you Peninsula Light Company for checking right away to make sure the downed lines weren't yours so that you could take care of them right away if they were. You are a wonderful local company and we appreciate you!

08/08/2025

For the safety of our customers, we will be closed today, Friday August 8th, and probably Monday, August 11th, until CenturyLink Lumen Technologies comes out to take care of this problem with their lines. Thank you for your understanding.

07/07/2025

The recent passage of the One Big Beautiful Bill (OB3) has understandably generated concern and questions. We want to assure our clients that we are actively reviewing the bill and evaluating its potential impact on taxpayers.

At this time, we kindly ask that you refrain from calling or messaging the office with OB3-related questions. As with all major legislation, meaningful guidance takes time to develop. We are committed to providing clear, accurate updates. As promised during tax season, please watch for our newsletter in the coming weeks.

In the meantime, please do not make hasty changes to your situation. We’ve already seen a great deal of misinformation circulating, and we strongly encourage you not to make decisions based on rumors or speculation.

Thank you for your patience and trust as we continue to navigate these developments with care and expertise.

02/26/2025

As of 2/25 we are no longer taking new tax clients for the 4/15 deadline. We will review the handful of inquiry forms still in the inbox, but we will not resume accepting new clients until early May in order to focus on preparation for our current client list. If you still want to work with us for tax preparation, you can submit a Client Inquiry Form and file a tax extension with the IRS. We'll contact you in May.

We are still accepting Client Inquiry forms for new business subscription clients who are interested in our business services and will continue to review those throughout tax season.

Thank you!

02/20/2025

BOI Reporting is back. LLC's and Corporations that have not yet filed this report have until 3/21 to get it done. We've previously discussed this in our annual newsletters. You can file it online at www.fincen.gov or engage with us to assist you in filing.

12/13/2024

We will be closed to the public from December 14th through January 14th to prepare for tax season. If you are a business subscriber or we are actively working on your tax file currently, we will still be reachable by email and portal message. If you are interested in becoming a new client for this tax season, we encourage you to fill out the Inquiry form on our web site. Have a wonderful Holiday Season and a Happy New Year! We'll see you in January.

08/30/2024

We Are Hiring! We're looking for an Office Administrator to bring on immediately.

The tax preparers at The Tax Shack are Enrolled Agents and Tax Strategists, providing packages for Tax Preparation, Tax Planning, Tax Resolution, and offering Business Tax Packages with Bookkeeping, Payroll, and Tax Strategies. Located in Gig Harbor, WA, this BBB A+ rated business can be reached at....

08/26/2024

Quickbooks Desktop Users - Time is running out!

If you've been using Desktop and you've been wanting to update to the newest version, you only have until September 30th to subscribe and update. After September 30th, the desktop version will no longer be for sale and you will only have the option to subscribe to the online version.

Older versions of Quickbooks desktop should still work as long as you don't use bank feeds, payroll, or need technical support. You should be able to use these older versions of the software until they are no longer compatible with your hardware.

However, if you have any issues with the older versions at all, there will be no support for them and you'll have to change over to Quickbooks Online or a different bookkeeping software company after September 30th of this year.

If you need to update/upgrade, now is the time!

08/14/2024

To all WA State Business Owners - DSHS has proposed that small businesses be required to report independent contractors and withhold child support from them. That means that your business would have to collect information from every sole proprietor, single member LLC, and solely owned corporation prior to having them perform work for you so that you could report them as a "New Hire" to DSHS and wait to see if DSHS will send a child support withholding notice before you pay that other small business owner. This, to me, will be an enforcement nightmare. It is already a struggle to get W-9's completed in order to do 1099-NEC's at the end of the year. This would add a whole new complexity. If you think this wouldn't apply to you - it's not just your construction subcontractors you have to report. It is your lawyer, your accountant, your business coach, your continuing education provider, your marketing pro, the photographer who takes pictures for your web site and page, your insurance agent....any service provider that you pay $600 or more that is a sole proprietor, SMLLC, or sole shareholder. This also means that companies will be asking for your personal information to report you to DSHS as well. Read more about this proposal here: https://www.dshs.wa.gov/esa/division-child-support/provide-your-feedback and I highly encourage you to submit your feedback by emailing [email protected]

Provide Your Feedback on Proposed Independent Contractor Reporting The Division of Child Support is considering proposing changes to introduce independent contractor reporting to Washington state, and we are asking for your feedback on our proposal (also known as agency request legislation). This is...

06/04/2024

One of my absolute favorite days of the year is receiving the Thank You cards from the kids at Peninsula High School and Gig Harbor High School for the scholarships we donate. It never fails to bring a smile to my face. Go out into the world kids and do big things. I can't wait to see you post pictures like this one day too!

03/21/2024

The clock's a-tickin! Today is our official cut-off day. If you can get in under the wire, we'll get it done before the deadline. Starting tomorrow we are filing extensions for all submissions. See you soon!