Preparing for End of Year
Please have employees login to their payroll and update their email and home addresses and opt in to receiving their tax forms electronically (they have the option to print a copy anytime)
Please make sure you received a W-9 from all non corporate vendors that you paid $600+. Please ensure that W-9’s are updated annually to ensure that address and name are current. Here is the link to the W-9 form to send or print: https://www.irs.gov/pub/irs-pdf/fw9.pdf
Small Business Guide for 2026
Tax Guide for Small Businesses: https://www.irs.gov/pub/irs-pdf/p334.pdf
Opening a Business in Washington State: https://dor.wa.gov/open-business
Travel, Gifts & Car Expenses: https://www.irs.gov/publications/p463
Business Travel Deductions: https://www.irs.gov/newsroom/understanding-business-travel-deductions
2026 mileage rate 72.5 cents per mile
Monitoring Your Filings via EFTPS
Do you want to pay estimated taxes or monitor payroll tax payments to the IRS? Even if using a 3rd party payroll provider to file payroll and make tax payments, you are ultimately responsible for making sure the IRS receives payroll filings and payments. The IRS recommends enrollment in the U.S. Treasury Department’s Electronic Federal Tax Payment System (EFTPS), to monitor your account and ensure that timely payments are being made on your behalf. To sign up for EFTPS - https://www.irs.gov/payments/eftps-the-electronic-federal-tax-payment-system Also, most state tax agencies also offer a way to verify your tax payments. Please contact the appropriate state offices directly for details.
How to update your Withholding to account for Tax Law Changes
Public Law 119-21, commonly known as the One, Big, Beautiful Bill Act (OBBBA), contains several new or enhanced deductions that individuals can claim. Many of these deductions are available beginning in 2025. If you are an employee and want to account for these deductions in the income tax withheld from the remainder of your paychecks in 2025, you must submit to your employer a new 2025 Form W-4. For more information - https://www.irs.gov/forms-pubs/how-to-update-withholding-to-account-for-tax-law-changes-for-2025
Link to W-4 form: https://www.irs.gov/pub/irs-pdf/fw4.pdf