• On Vashon Island
  • Vashon | Seattle | Tacoma

Individual Taxes

Taxes for Families

Small Business Taxes

Taxes by Kevin Strel

Covid-19 Update

While we can currently meet (with care) at our office on Vashon Island, we also offer several secure online document sharing and eSignature options to enable tax clients to work with us remotely, no matter where you are. We look forward to giving personal one on one service in whatever form you feel most comfortable with.


Your tax needs are as individual as you are, so our approach to your preparing your income taxes is tailored to your specific situation. Here are some of the common tax issues we can handle.

  • Individual Wages – Taxes reported on a W-2 are the most common form of taxes around. If all you have is a W-2 form from your employer, then your taxes can be fairly straightforward and relatively quick to prepare.
  • Business Taxes – We can prepare your sole proprietorship, S-Corp or partnership returns, and make sure your business expenses are correctly categorized. We are especially knowledgable about the challenges of online businesses, as owners of our own successful internet shop.
  • Bookkeeping – We offer an economical bookkeeping service to small businesses based on Quickbooks Online and Xero. For full details, please visit our bookkeeping page at Strel.com
  • Foreign Income? US Citizens that live and work outside the USA can take advantage of the foreign income exclusion. We'll make sure it is done correctly. We can also help with other situations involving foreign income.
  • Employee Stock Options – A common error is to double declare income when entering exercises of employee stock options. We'll make sure this doesn't happen.
  • Your Home – Do your own, or are planning to purchase? Be sure you take advantage of the property tax and mortgage interest deductions.
  • Selling your house? Reporting capital gain or losses from the sale of a home. Reporting and deferring gains and losses. We can also help with short sales.
  • Rental Income – If you own rental properties, including homes, trailers, apartments or more, we can properly handle the reporting of your income, expenses & deductions so you won’t have to worry.
  • Small Farm – We can help prepare Form F and take the special deductions available to farm owners.
  • Investment Income – We can help you correctly report stock trading activity and partnership income reported on K1's. We can also help with stock options, blockchain and other complex trading activity.
  • Recently Married? Filing jointly is usually better than individually. We'll figure it out for you.

Enrolled Agent

Kevin Strel is enrolled to practice and represent clients before the IRS.

Location

Our office is located inside Spiceberry Home in Burton, on Vashon Island. We can also make in person visits to businesses and clients in West Seattle. We'll be happy to help with simple tax questions over the phone at (206) 463-4628 when we can.

 

Important Dates

W2, due to employees

The due date for filing Forms W-2 and W-3 with the SSA is now the same date

1099-NEC due to your subcontractors

This is a new form for non-employee compensation over $600

941 Payroll

The due date for filing Form 941 for 4Q 2020 payroll taxes

1099-MISC due

1099-Misc for payments other than non-employee compensaton

S-Corp and Partnership Returns Due

Calendar year partnership and S-Corp returns (or extensions) are due today. (Late filing penalty is very high.)

1040 Income Tax Return Due

The annual personal income tax return for individuals and families is due today.

FBAR FINCEN 114

Declaration of foreign accounts over $10,000

First Estimated quarterly Payments

The first estimated quarterly tax payment for the 2020 tax year is due today if you are doing Estimated Taxes.

Corporation Returns Due

Calendar year corporation 1120 returns (or extensions) are due today. (Late filing penalty is very high.)

941 Payroll

The due date for filing Form 941 for Q1 payroll taxes

Returns for Tax Exempt Organizations is due

This includes Form 990 and 990-N

Second Estimated quarterly payments

The second estimated quarterly tax payment for the 2020 tax year is due today if you are doing Estimated Taxes.

941 Payroll

The due date for filing Form 941 for Q2 payroll taxes

Third Estimated quarterly payments

The third estimated quarterly tax payment for the 2020 tax year is due today if you are doing Estimated Taxes.

Extended S-Corp and Partnership Returns Due

Calendar year partnership and S-Corp are due today for those who filed an extension

941 Payroll

The due date for filing Form 941 for Q3 payroll taxes