John R Brown Accounting Inc

John R Brown Accounting Inc Full Service Tax & Accounting for individuals and small businesses.

Payroll Preparation and compliance reporting, sales tax reports, Quickbooks concerns and IRS issues.

Tax penalties can feel like dragging a ball and chain. They may happen even when you’ve done your best to comply with ta...
12/17/2025

Tax penalties can feel like dragging a ball and chain. They may happen even when you’ve done your best to comply with tax law. Don’t panic. Penalty relief may be available. For example, if you suffered a serious illness, were a victim of a natural disaster, or relied on bad advice from the IRS, you may qualify for penalty abatement. A penalty may arise from actions such as filing late, making a late tax payment or missing a deposit. If you receive an IRS notice that you think is incorrect or unjust, you don’t have to tackle it alone. Contact us at (360) 336-6511 for help with this matter.

Sponsoring a qualified retirement plan is a tried-and-true way to help attract and retain employees. Among the most popu...
12/16/2025

Sponsoring a qualified retirement plan is a tried-and-true way to help attract and retain employees. Among the most popular options is a 401(k). Your business’s contributions are tax deductible, and you may be able to use matching and a vesting schedule to encourage employees to stay with your company. But 401(k)s come in many varieties. Please contact us at (360) 336-6511 for help choosing the right one for your business (or another type of retirement plan).

It’s time to take control of your tax bill! As the year winds down, smart businesses ramp up tax planning. The 4th quart...
12/15/2025

It’s time to take control of your tax bill! As the year winds down, smart businesses ramp up tax planning. The 4th quarter is your chance to make moves to lower your 2025 tax bill. For example, buy qualifying equipment and put it into service before year-end to take advantage of depreciation deductions, which due to recent tax law changes are now even better. Accelerate or defer income depending on your projected tax bracket for this year and next. These are only a couple of the strategic steps you can take. Contact us at (360) 336-6511 to schedule a year-end tax planning session.

The IRS Business Tax Account (https://bit.ly/41olHi3) provides information to sole proprietors, partners of partnerships...
12/12/2025

The IRS Business Tax Account (https://bit.ly/41olHi3) provides information to sole proprietors, partners of partnerships, and shareholders of S corps and C corps. Eligible business taxpayers who set up an account can use the hub to make electronic payments, schedule or cancel future payments and access other tools. They can also view their current balances, payment history and other business tax records, as well as digital copies of select IRS notices. A newly added Income Verification Express Service enables lenders to easily access the income records of a business borrower (if authorized by the taxpayer). Contact us at (360) 336-6511 with any tax questions.

Your business can claim a tax credit for qualified expenses paid or incurred when providing child care for employees. Be...
12/10/2025

Your business can claim a tax credit for qualified expenses paid or incurred when providing child care for employees. Beginning in 2026, the One Big Beautiful Bill Act increases the percentage of qualified expenses that can be taken into account for purposes of claiming the employer-provided child care credit. It also increases the maximum credit. Contact us at (360) 336-6511 with questions.

Thinking of buying equipment, vehicles or other fixed assets to claim recently expanded tax breaks? Deducting the full c...
12/09/2025

Thinking of buying equipment, vehicles or other fixed assets to claim recently expanded tax breaks? Deducting the full cost is smart for tax purposes, but different rules apply under accrual-basis accounting. Fixed assets generate revenue for many years, so they should be reported on your balance sheet and gradually depreciated over their useful lives. This matches depreciation (an expense) to the revenue it generates, resulting in consistent, reliable profits on your income statement. Contact us at (360) 336-6511 for help reporting these assets accurately.

Estate tax laws are complex, and failing to plan could mean leaving your loved ones with less than what you’d expected. ...
12/08/2025

Estate tax laws are complex, and failing to plan could mean leaving your loved ones with less than what you’d expected. Now is the time to take action by reviewing your estate plan, updating beneficiary designations, and exploring strategies such as gifting or establishing trusts that may help minimize tax exposure. Every situation is unique, and the right approach depends on your family’s needs, assets and long-term goals. Contact us at (360) 336-6511 to ensure that your estate is structured in the most tax-efficient way possible.

Have you recently changed jobs? You may want to roll over funds in your former employer’s 401(k) plan to an IRA. But the...
12/05/2025

Have you recently changed jobs? You may want to roll over funds in your former employer’s 401(k) plan to an IRA. But there’s a tax trap for the unwary. You can avoid it by arranging for a direct trustee-to-trustee transfer from the plan to your IRA. Why a direct transfer? If you receive 401(k) funds in a check or electronic transfer that’s payable to you, your employer must withhold 20% of the taxable amount for federal tax. Then, you have 60 days to come up with the missing 20% and get it into your IRA. Otherwise, it’s not a tax-free rollover. In that case, you’ll owe income tax on the 20%, and if you’re under age 59½, you may also owe a 10% early withdrawal penalty. Questions? Contact us at (360) 336-6511.

Does your company’s month-end close drag on for days, or even weeks? Speed matters. The longer it takes to post monthly ...
12/03/2025

Does your company’s month-end close drag on for days, or even weeks? Speed matters. The longer it takes to post monthly journal entries, reconcile accounts, prepare internal financial statements and investigate variances, the harder it is to identify and respond to red flags and new business opportunities. These tips can help you close the month quickly. For more ideas on how to streamline your closing process without compromising financial accuracy, call us at (360) 336-6511.

Conventional wisdom says your mortgage should retire before you do. If you pay it off, you’ll enjoy a lower cost of livi...
12/02/2025

Conventional wisdom says your mortgage should retire before you do. If you pay it off, you’ll enjoy a lower cost of living — not to mention the psychological boost of owning your home! But if mortgage interest provides an income tax advantage or you need to prioritize paying off other, high-interest debt, you may want to hold on to your mortgage. Contact us at (360) 336-6511. We can help you weigh the pros and cons.

A qualified personal residence trust (QPRT) allows you to give your home to your children today while enjoying the right...
12/01/2025

A qualified personal residence trust (QPRT) allows you to give your home to your children today while enjoying the right to live there for a set number of years. The home is removed from your taxable estate at a reduced value for gift tax purposes (provided you survive the trust’s term). At the end of the term, your beneficiaries own the home. You may continue to live there beyond the end of the term if the trustees or owners agree and you pay fair market rent. Contact us at (360) 336-6511 with questions about QPRTs or other estate planning ideas for reducing taxes.

Bonus depreciation is a tax incentive that allows businesses to immediately deduct the cost of eligible assets (like mac...
11/28/2025

Bonus depreciation is a tax incentive that allows businesses to immediately deduct the cost of eligible assets (like machinery, equipment, or certain improvements) rather than spreading the deduction over the useful life of the asset. First-year bonus depreciation had been phasing down 20% annually since 2023 and was set to drop to 0% in 2027. The good news is that the One, Big, Beautiful Bill Act makes permanent 100% first-year bonus depreciation for the cost of qualified new and used assets acquired and placed into service after Jan. 19, 2025. The law also introduces a 100% deduction for the cost of “qualified production property” (nonresidential real property used in manufacturing) placed into service after July 4, 2025, and before 2031. Contact us at (360) 336-6511 to learn about these and other business-related tax provisions in the law.

Address

1129 Riverside Drive Ste B
Mount Vernon, WA
98273

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+13603366511

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